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Corporate Watchdog Plans to Target Shady Green Funds

ASIC chair Joe Longo said greenwashing remains a ’serious threat.’
Corporate Watchdog Plans to Target Shady Green Funds
A wind turbine is seen in a file photograph. Spencer Platt/Getty Images
Monica O’Shea
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The Australian Securities and Investment Commission (ASIC) will hone in on “misleading conduct” in sustainable finance including greenwashing next year.

This is one of multiple enforcement priorities for the corporate watchdog in the 2024 year, outlined on Nov. 21.
Monica O’Shea
Monica O’Shea
Author
Monica O’Shea is a reporter based in Australia. She previously worked as a reporter for Motley Fool Australia, Daily Mail Australia, and Fairfax Regional Media. She can be reached at monica.o'[email protected]
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