ASIC issues sustainability reporting regulatory guide

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ASIC has published a regulatory guide on sustainability reporting following an extensive public consultation with stakeholders. Regulatory Guide 280 Sustainability reporting (RG 280) provides guidance for entities that are required to prepare

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Active Super ordered to pay $10.5 million penalty in ASIC’s third greenwashing court action

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The Federal Court has imposed a penalty of $10.5 million against Active Super for greenwashing misconduct. In June 2024, the Federal Court found that Active Super contravened the law when

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ASIC shuts down 130 investment scam websites per week

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5Online scammers are squarely in ASIC’s cross hairs with new data revealing more than 10,000 investment scam websites and online advertisements have been shut down by the agency[1]. ASIC’s latest Enforcement

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Advancing Australia’s regulatory roadmap for public and private capital markets

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ASIC has announced its preliminary views on the opportunities and risks emerging from shifts in public and private capital markets and called for feedback and debate on key questions as

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ASIC calls out superannuation trustees for weak scam and fraud practices

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ASIC has written to superannuation trustees urging them to strengthen anti-scam practices, or risk exposing members to harm. The open letter, signed by ASIC Commissioner Simone Constant, outlines our guidance

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ASIC appoints Scott Gregson as CEO

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ASIC has appointed Scott Gregson as Chief Executive Officer. Mr Gregson will join ASIC on 17 March 2025 following a nearly 30 year career with the ACCC and takes over

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ASIC’s Moneysmart reveals how Aussies plan to spend this Christmas

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Consumers are being urged to avoid a post-Christmas spending hangover as new research from ASIC’s Moneysmart reveals Aussies will spend on average almost $800 each to fund gifts, holidays and

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ASIC announces new enforcement priorities with a focus on cost of living pressures

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ASIC has announced its enforcement priorities for 2025, capturing the key areas where it will direct resources and expertise in the coming year. ASIC Deputy Chair Sarah Court said, ‘Our

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ASIC seeks feedback on proposed guidance on sustainability reporting regime

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ASIC has released a draft regulatory guide on the sustainability reporting regime for consultation with stakeholders. From 1 January 2025, many large Australian businesses and financial institutions will need to

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ASIC releases FY 2023–24 financial reporting and audit report and launches auditor independence surveillance

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ASIC has released findings from its financial reporting and audit surveillance for the 12 months to 30 June 2024, and announced a proactive surveillance focused on auditors’ compliance with independence

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