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Showing 1 - 10 of 17 results for "Joe Longo"

ASIC has 'strong appetite' to hold boards to account

ELIZA BAVIN  |  WEDNESDAY, 11 MAR 2026  |  NEWS
Following the landmark Federal Court decision in the case ASIC brought against Star Entertainment, ASIC chair Joe Longo said the regulator will not shy away from holding company directors to account. The Federal Court found two former senior executives ...

Star Entertainment judgement gives key lessons for directors

ELIZA BAVIN  |  MONDAY, 9 MAR 2026  |  NEWS
... must actively and diligently carry out their oversight responsibilities based on the information they have." ASIC chair Joe Longo said the regulator pursued the case because it raised fundamental questions about trust, governance and accountability. ...

Governance issues on the rise: ASIC

ELIZA BAVIN  |  WEDNESDAY, 25 FEB 2026  |  NEWS
... misconduct and is protecting Australians and safeguarding trust and confidence in Australia's financial system," ASIC chair Joe Longo said. "Today, ASIC is one of the most active law enforcement agencies in the country. We are taking more cases to court ...

ANZ hit with additional $10m penalty

MATTHEW WAI  |  MONDAY, 22 DEC 2025  |  NEWS
... penalty needs to be imposed to achieve both specific deterrence and general deterrence," Beach said. Meanwhile, ASIC chair Joe Longo said ANZ is a "critical part" of Australia's banking system and must do better. "The size of the penalties ordered today ...

ASIC consults on guidance for carbon markets

ROSE MARY PETRASS  |  WEDNESDAY, 8 MAY 2024  |  NEWS
... of legislative changes arising from the safeguard mechanism reforms that commenced last year." Last week ASIC chair Joe Longo reinforced the watchdog's hardline stance and said compliance leads to more profitability. ASIC has issued 17 civil penalty ...

Greenwashing crackdown will boost ESG fund flows: ASIC

ROSE MARY PETRASS  |  THURSDAY, 2 MAY 2024  |  NEWS
Corporate watchdog chair Joe Longo has underlined the regulator's hardline approach and said compliance leads to more profitability. Responsible investors must ensure their products are true-to-label in order to avoid greenwashing, the Australian ...

Auditors lambast mandatory climate reporting requirements

ELIZA BAVIN  |  MONDAY, 29 APR 2024  |  NEWS
... of these planned new reporting requirements." Meantime, Australian Securities and Investments Commission (ASIC) chair Joe Longo said growing interest in environmental, social, and governance issues had driven the need for more thorough disclosure requirements ...

RIAA: Sustainability goes mainstream

ROSE MARY PETRASS  |  THURSDAY, 11 APR 2024  |  NEWS
... relations, financial advisers, and of course, we are expecting sustainability leads to be there in droves." ASIC Chair Joe Longo will be at the conference to answer questions around greenwashing and product labelling, which are "front of mind as we navigate ...

Experts issue warning over AI washing

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024  |  NEWS
... truthful about its use of AI," he said. Closer to home, ASIC hasn't yet sounded the alarm on AI washing, but chair Joe Longo has voiced apprehensions regarding the adequacy of current regulations. "ASIC will continue to act, and act early, to deter ...

Greenwashing a serious threat to financial markets: ASIC

RACHEL ALEMBAKIS  |  THURSDAY, 23 NOV 2023  |  NEWS
... and greenwashing as one of three key focus areas for action in 2024. Speaking at this week's annual forum, ASIC chair Joe Longo said sustainable financial reporting and disclosure, better consumer outcomes and addressing misconduct in the superannuation ...
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