The Federal Court today ordered Vanguard Investments Australia to pay a $12.9 million penalty for making misleading claims about environmental, social and governance (ESG) exclusionary screens. These screens were applied to investments in the Vanguard Ethically Conscious Global Aggregate Bond Index Fund.

ASIC - Australian Securities & Investments Commission

Source

Published on Sept. 25th, 2024 Published on Sept. 25th, 2024

Scenario: Improper Business Practice / Fund Improper Disclosure Sustainability

To read more operational risk news, register for free on MSTAR Platform.

MSTAR News

May. 20th, 2026

We were pleased to take part in the Risk.net session in Singapore. Constructing trust: The role of structured scenarios in AI-driven operational risk quantification.

A great opportunity to discuss how structured scenarios and AI can improve transparency, challenge assumptions more effectively, and strengthen operational risk quantification practices. Thank you to everyone who joined the discussion.