Bloom Impact, MSC pulled up for greenwashing
The now-defunct app-led climate impact fund is the latest entity to cop a fine for greenwashing from the regulator.
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The now-defunct app-led climate impact fund is the latest entity to cop a fine for greenwashing from the regulator.
What are the allegations of the regulatory body?
MSC Trustees has acquired Certane Corporate Trust, the fund administration and corporate trustee business formerly owned by the now-defunct Sargon Capital.
MSC is buying the business after nearly two years of negotiations with current owners – New Yorker Teddy Wasserman’s CloverHill Capital and Aussie banker Matthew Kibble.
ASIC has taken action against an asset manager for alleged greenwashing around false and misleading statements about a carbon emission exclusion screen.