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Tag : ASIC

Businesses on notice as ACCC sweeps covers off greenwashing

Danielle Kutchel, Friday, 3rd March 2023 -  The ACCC will investigate after uncovering evidence of widespread greenwashing. The ACCC has indicated it’s not taking any prisoners after an internet sweep for greenwashing activity

ASIC launches first greenwashing court action

Isabelle Oderberg, Tuesday, 28th February 2023 -  A superannuation fund offering sustainable investments that allegedly invested money in fossil fuel companies, gambling entities and alcohol makers is facing court action by

News Shorts: new greenwashing fines, public consultation on social enterprise, local NFP goes global

Ruby Kraner-Tucci, Tuesday, 17th January 2023 -  All the news you need to know from around the sector.

Two new charges added to ASIC’s greenwashing crackdown

The Australian Securities & Investments Commission (ASIC) issued

Greenwashing crackdown continues

Ruby Kraner-Tucci, Monday, 5th December 2022 -  ASIC issues a second fine for alleged greenwashing, as a new report finds Australia is lagging behind in ESG transparency. The Australian branch of global investment management

Government  to “drill down” on possible ESG legislation in early 2023

Samantha Freestone, Monday, 15th August 2022 -  Federal Minister for Financial Services Stephen Jones tells Pro Bono News greenwashing is “definitely an issue”. The Federal Minister for Financial Services Stephen Jones says

Definitions of ESG products and investments should be legislated

Samantha Freestone, Monday, 8th August 2022 -  Senior ASIC executive says government should make the call on labels and definitions for environmental, social, and governance investments.  Definitions of ESG products and investments

ASIC releases greenwashing guide: could mandatory international reporting be on the horizon?

Samantha Freestone, Monday, 20th June 2022 -  Sustainable investment is big business, likely to exceed US$53 trillion globally by 2025. It is time to streamline ESG reporting in Australia to avoid greenwashing and ASIC is doing

Peppercorn Leases and Other Leases With Significantly Below-market Terms and Conditions

Maggie Coggan, Thursday, 29th November 2018 -  With not for profits struggling to come to grips with the concept of valuing peppercorn leases and other leases with significantly below-market terms and conditions, HLB Mann Judd

Charities Secure ASIC Exemption

Wendy Williams, Monday, 2nd July 2018 -  Charities have secured an exemption from paying the new Australian Securities and Investments Commission (ASIC) levy, ensuring fee-free regulation for all charities. It was announced

Dispute Resolution Must Come Before Legal Action

Paul Paxton-Hall, Wednesday, 20th June 2018 -  Paul Paxton-Hall offers a roundup of the legal cases affecting the not-for-profit sector this month. There have been some recent noteworthy developments affecting the not-for-profit

Australian Charities Pay the Price with New ASIC Levy

Estelle Stathoulis, Friday, 4th May 2018 -  Australian charities and not-for-profit organisations are being hit with the new Australian Securities and Investments Commission (ASIC) levy forcing them to part with $321 in…

Finding a Simple Solution to Managing Debt Collection Rules

David Tennant, Thursday, 2nd February 2017 -  Is there a simple solution to Centrelink’s debt collection problems asks not-for-profit CEO David Tennant. There has been a lot of public discussion about Centrelink’s automated
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