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Showing 1 - 10 of 19 results for "Sarah Court"

Governance issues on the rise: ASIC

ELIZA BAVIN  |  WEDNESDAY, 25 FEB 2026  |  NEWS
... behaviour. "The figures point to an increase in concerns being raised about corporate governance issues," ASIC deputy chair Sarah Court said. "They underscore ASIC's enforcement priorities, which include tackling governance and directors' duties failures ...

ANZ hit with additional $10m penalty

MATTHEW WAI  |  MONDAY, 22 DEC 2025  |  NEWS
... the government for nearly two years by overstating bond trading volumes by billions of dollars." ASIC deputy chair Sarah Court added: "ANZ will also pay for misconduct that made an already difficult time far harder for hundreds of its customers who were ...

False exclusion claims see Prime Super fined

JAMIE WILLIAMSON  |  THURSDAY, 6 NOV 2025  |  NEWS
... on enforcing well-established legal obligations that prohibit misleading and deceptive conduct," ASIC deputy chair Sarah Court said. "Fund managers need to make sure that they accurately represent the nature of both their direct and indirect investments ...

HESTA pays $40k fine for greenwashing

ELIZA BAVIN  |  THURSDAY, 6 NOV 2025  |  NEWS
... the representations, HESTA overstated its commitment to reducing investment in carbon emissions," ASIC deputy chair Sarah Court said. "Consumers relying on HESTA's representation may have been denied the opportunity to make informed decisions about ...

Fiducian sued for greenwashing in ESG fund

ELIZA BAVIN  |  MONDAY, 6 OCT 2025  |  NEWS
... and procedures that applied to logging, investigating, managing and responding to those concerns. ASIC deputy chair Sarah Court said responsible entities are responsible for the governance of investor funds and, as such, must have proper processes, procedures ...

Equity Trustees fined by ASIC

JAMIE WILLIAMSON  |  FRIDAY, 20 JUN 2025  |  NEWS
... entity must have measures in place for ensuring it complies with its obligations as an AFS licensee," ASIC deputy chair Sarah Court said. "These include having adequate governance controls and procedures to ensure that disclosures made in relation to ...

Active Super to pay $10.5m for greenwashing

KARREN VERGARA  |  TUESDAY, 18 MAR 2025  |  NEWS
... in 2021 and 2022. Active Super and Vision Super merged on March 1, now home to 165,000 members. ASIC deputy chair Sarah Court said: "This is a significant penalty that sends a strong message to companies making sustainable investment claims that those ...

Vanguard to pay $13m in greenwashing case brought by ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 25 SEP 2024  |  NEWS
... and marketing information in helping consumers to make informed investment decisions." Meantime, ASIC deputy chair Sarah Court said it is essential that companies do not misrepresent their products or investment strategies. "This is an important decision ...

ASIC wins greenwashing case against Vanguard

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024  |  NEWS
... Generation LLC. "By Vanguard's own admission, it misled investors on a number of its claims," ASIC deputy chair Sarah Court said. "In this case, Vanguard promised its investors and potential investors that the product would be screened to exclude ...

Northern Trust pulled up for greenwashing

ROSE MARY PETRASS  |  THURSDAY, 21 DEC 2023  |  NEWS
... misled by statements that certain energy companies would be excluded, when they were not," said ASIC deputy chair Sarah Court. "In this case, the exclusions and screenings were outsourced to a third-party company without significant oversight by Northern ...
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