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Enforcement Actions › Australia › Civil Monetary Penalty

Jones Day

Australia's Federal Court imposes significant penalty in latest greenwashing enforcement action to reach hearing.

Jones Day on

The Federal Court of Australia has imposed a $10.5m (AUD) penalty on an Australian superannuation fund, in the latest of the Australian Securities and Investments Commission's greenwashing cases to reach the penalty hearing...more

K&L Gates LLP

Australia Greenwashing: Half-Yearly Review of ASIC and ACCC Prosecutions – and ACCC Position on Environmental Collaborations

K&L Gates LLP on

In Brief - The Australian Competition and Consumer Commission (ACCC) and Australian Securities and Investments Commission (ASIC) continue to be vigilant and seek significant penalties for alleged "greenwashing" (misleading...more

K&L Gates LLP

The Government Ramps up Penalties for Competition and Consumer Law Breaches - AU$50 Million or 30% Turnover for Companies and...

K&L Gates LLP on

In July, we outlined the new Government's Competition and Consumer Law policy initiatives. The Government has now moved forward with one of these initiatives, publishing for consultation a draft bill and related explanatory...more

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