The Australian Securities and Investments Commission has drawn âa line in the sandâ on greenwashing and will no longer accept âpurely aspirationalâ climate change targets from companies, the regulatorâs deputy chair has said.
The chair of the Australian Securities and Investments Commission has warned consumers about investing in ârisky, speciality, poorly understoodâ crypto-assets, as the regulator steps up its investigations into managed funds acting in the space.Â
Sportsbet and Bet365 face an audit by AUSTRAC over their compliance with anti-money laundering and counter-terrorism financing laws.
Fintech iSignthis has dropped a $464 million lawsuit brought against the Australian Stock Exchange three years ago over allegedly misleading conduct in relation to the suspension of the company’s shares.
The former manager of over-the-counter derivatives provider Trade360 has been slapped with an eight-year ban by the corporate regulator and has lost a bid to stay the decision pending an appeal.
A joint court application by ASIC and NSW Fair Trading calls for special purpose liquidators to claw back money from funeral insurer Youpla over concerns about the current liquidator’s relationship with the failed company’s former lawyer.
Tlou Energy has paid $53,280 for allegedly making false or misleading statements to the market about its sustainability practices, in the Australian Securities and Investments Commission’s first compliance action over so-called greenwashing.
A judge has hit ANZ with a $25 million penalty in a case by the corporate regulator that alleged the bank short-changed hundreds of thousands of customers to the tune of $200 million.
The Australian Securities and Investments Commission has filed an appeal after a judge dismissed its case alleging the Commonwealth Bank of Australia accepted conflicted remuneration through the sale of its Essential Super product, finding it was âmisconceivedâ.
Queensland crane company NQCranes has agreed to pay a $1 million penalty in the Australian Competition and Consumer Commissionâs case alleging it engaged in a conspiracy with a multinational rival to divide the Brisbane and Newcastle markets.