Author: Shalini Samuel

15 August | Greenwashing | Shalini Samuel

Understanding ASIC’s action against Active Super

On 11 August, the Australian Securities and Investments Commission (ASIC) initiated civil penalty proceedings against LGSS Pty Limited (Active Super). The regulatory action alleges misleading conduct and misrepresentations made by Active Super regarding its ethical and responsible investment claims.   What has happened ASIC alleges that Active Super...
28 July | Greenwashing | Shalini Samuel

Understanding ASIC’s greenwashing action

What you need to know: The Australian financial regulator, ASIC, has announced a greenwashing case against Vanguard Investments Australia regarding their Vanguard Ethically Conscious Global Aggregate Bond Index Fund (Hedged). ASIC’s action relates to allegations of false and misleading statements by Vanguard in the period of 2018...