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Showing 71 - 80 of 159 results for "ASIC"

ASIC greenwashing investigations continue

RACHEL ALEMBAKIS  |  THURSDAY, 3 NOV 2022  |  NEWS
ASIC chair Joe Longo said the market regulator is currently investigating listed companies, super funds, and managed funds for potential greenwashing. "Only last week we issued our first greenwashing penalty, and we're currently investigating a number ...

Andrew Hagger leaves Tattarang

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2022  |  NEWS
... decade. His departure followed a grilling at the Royal Commission which resulted in him being personally investigated by ASIC for a time. Hartman said he is excited to be taking on the new role and said he has learned a lot working alongside Hagger. ...

Consumer watchdog warns on greenwashing

RACHEL ALEMBAKIS  |  THURSDAY, 22 SEP 2022  |  NEWS
... interested in these types of claims," Rickard said in a speech this week. "We are working closely with other regulators, including ASIC and the Clean Energy Regulator. We will be taking a coordinated approach to addressing the broad range of issues relating ...

Demand for ethical ETFs surge

RACHEL ALEMBAKIS  |  THURSDAY, 22 SEP 2022  |  NEWS
Demand for ethical ETFs continues to surge, surpassing $8 billion, according to BetaShares. Total ethical ETFs listed on ASX and Cboe Australia are more than $8.5 billion, with BetaShares range of ethical ETFs constituting nearly half, according to ...

Glencore faces greenwashing allegations

RACHEL ALEMBAKIS  |  THURSDAY, 8 SEP 2022  |  NEWS
The Environmental Defenders Office has filed a complaint with ASIC and the ACCC against mining company Glencore over allegations of greenwashing and behaviour towards Traditional Owners. The Environmental Defenders Office, on behalf of The Plains Clan ...

RBA warns of climate-related liability risk for business

RACHEL ALEMBAKIS  |  THURSDAY, 25 AUG 2022  |  NEWS
... that Council of Financial Regulators Climate Working Group have identified three priority areas for the participants - APRA, ASIC, the RBA and Treasury - to focus on - the Climate Vulnerability Assessment (CVA) conducted by APRA on banks, increased disclosures ...

ESG product definitions a matter for legislation: ASIC

RACHEL ALEMBAKIS  |  TUESDAY, 2 AUG 2022  |  NEWS
... and Investment Commission believes that standard definitions of ESG products and investments should be set by legislation. ASIC senior executive leader, corporations Claire LaBouchardiere spoke at the recent Australian Council of Superannuation Investors ...

Industry reacts to ASIC greenwashing guidance

RACHEL ALEMBAKIS  |  THURSDAY, 16 JUN 2022  |  NEWS
The Australian Securities and Investments Commission's (ASIC) recently released information sheet on greenwashing is a good first step in setting the regulator's expectations, but experts say there is more to be done to improve disclosure on ...

ASIC: improve greenwashing disclosure or risk penalty

RACHEL ALEMBAKIS  |  THURSDAY, 16 JUN 2022  |  NEWS
The Australian Securities and Investments Commission's (ASIC) recent information sheet on greenwashing is focused on improving practices on ESG disclosure in managed funds and superannuation, with the regulator saying it would consider enforcement ...

Proxy advisers assess impacts of government reform

RACHEL ALEMBAKIS  |  THURSDAY, 6 JAN 2022  |  NEWS
... impacted proxy advisory firms, giving proxy advisers less than two months over the summer holidays to submit application to ASIC. The Australian Council of Superannuation Investors (ACSI) is one of four organisations that provides proxy advice to members. ...