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    Governance News 22 November 2023

    45 minute read (PDF download)  22.11.2023 Mark Standen, Siobhan Doherty, Kate Hilder

    This week in separate speeches at the ASIC Annual Forum, ASIC's Chair and Deputy Chair underlined ASIC's record on enforcement, pointing to the regulators' record post-Hayne in support.  ASIC also unveiled its enforcement priorities for the next 12 months. These include in addition to a number of new priorities, a continued focus on DDO compliance (albeit with a new focus on the distribution of financial products ('reasonable steps')) as well as sustainable finance and greenwashing. On the ESG front, Australia is inching closer to the introduction of mandatory climate disclosure requirements, negotiations for a global plastics treaty are continuing and more…

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