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ASIC roundup: record fine for Macquarie Bank, and A$12.9m greenwashing penalty

The Australian Securities & Investments Commission’s latest actions and news, September 23 – 27, 2024.

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Martina Lindberg

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Macquarie Bank fined A$4.995m – September 25, 2024

Macquarie Bank Limited has been fined a record A$4.995m ($3.4m) by the Markets Disciplinary Panel (MDP) for breaching market integrity rules in its role of market gatekeeper.

Macquarie was found to have failed in preventing suspicious orders being placed by three clients

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