greenwashing Discover Forex News Group: the latest behind-the-scenes insight into all the FX executive moves, platform advancements, regulatory changes, broker results and volumes

ASIC wins greenwashing civil penalty action against Vanguard

The Australian Securities and Investments Commission (ASIC) has won its greenwashing civil penalty action against Vanguard.

Melbourne Securities Corporation Limited has paid $13,320 to comply with an infringement notice issued by ASIC.

ASIC has lodged civil penalty proceedings in the Federal Court against Vanguard Investments Australia.

ASIC has issued three infringement notices to investment manager Vanguard Investments Australia Ltd for alleged greenwashing.