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ASIC roundup: Infringement notice for Nexia Perth Audit, and misleading ESG conduct

Montage of the Australian arms Emu and Kangaroo emblem
GRIP Montage: ASIC/Getty Images

The Australian Securities and Investments Commission’s latest actions and news, September 29 – October 3, 2025.

FIMSL alleged of governance failures and misleading conduct – October 3, 2025

Civil penalty proceedings have commenced against Fiducian Investment Management Services Limited (FIMSL) for failing to act with care and diligence as the responsible entity of the Diversified Social Aspirations Fund, and for engaging in misleading and deceptive conduct connected to the