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Australian Securities and Investments Commission ASIC has revealed key enforcement priorities for 2023. ASIC has signaled expanded focus on enforcement activity targeting: sustainable finance practices and disclosure of climate risks; financial scams; cyber resilience.
ASIC brought in New Year with focus on green-washing, issuing infringement notices against two different companies, one superannuation fund trustee second being energy company. Corporations paid $13,320 and $39,960 respectively in compliance with infringement notices.