ASIC signals more greenwashing actions as enforcement priorities sharpen
The corporate regulator put fund managers on notice, flagging sustainable-finance claims as a continuing enforcement focus.
Priya Nair
Banking & Credit Correspondent · Sunday 31 May 2026 · 4 min read
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The Australian Securities and Investments Commission used a speech to managers to reiterate that misleading sustainability claims remain squarely in its sights.
Recent infringement notices and court actions have targeted vague or unsubstantiated ESG labels on investment products.
Compliance teams say disclosure language is being scrubbed across product disclosure statements in response.
ASIC framed the work as protecting market integrity rather than discouraging genuine sustainable-finance products.
Priya Nair
Banking & Credit Correspondent · Former prudential analyst
Priya tracks APRA, the major banks, lending standards and credit markets.