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ASIC seeks $30M penalty against Hollard Insurance over claim delays
The Australian Securities and Investments Commission is seeking $30 million in penalties in its case against Hollard Insurance over delays in assessing the claims of a couple over damage to their home from a storm. 
ASIC closes probe into MinRes, Chris Ellison
The Australian Securities and Investments Commission has closed an investigation into Mineral Resources and its billionaire founder Chris Ellison following media reports of alleged tax evasion.
BDO director brings strike-out bid in ASIC case over Dubber audit reports
A BDO director has filed a strike-out bid in ASIC’s case over alleged false and misleading reports for ASX-listed software company Dubber, with the accounting firm flagging its support for the application. 
Class action against ASIC over housing scheme discontinued
A class action filed against the corporate cop over alleged inaction against a failed housing scheme targeting the elderly has been discontinued after the lead plaintiff was unable to secure litigation funding. 
‘Who is looking at them?’: ASIC chair calls for regulation of Big 4
In her first speech as chair of ASIC, Sarah Court has called for regulation of Big 4 accounting firms in the wake of the KPMG whistleblower scandal and warned the collapse of property developer Bathla may be the “first significant crack” in the private credit market.
Berndale Capital’s former CEO appeals jail sentence
A former director of collapsed over-the-counter derivatives broker Berndale Capital Securities has filed an appeal after he was sentenced to 23 months' prison for misusing company funds.
Ex-ACCC chair says splitting up consulting firms ‘ridiculous’ idea
Ex-ACCC head Graeme Samuel has told a committee probing a KPMG whistleblower's claims that splitting audit services off from consulting firms is a "ridiculous" idea, instead recommending partnerships be regulated under the Corporations Act and "miscreant" auditors face "severe" penalties.
ASIC to appeal win for Rex directors over rosy forecast
The corporate cop is challenging a decision that tossed its breach of duty claims against three Regional Express board members over the company's continuous disclosure failures.
Netwealth let members sink 100% of savings in First Guardian
A judge has declared super fund trustee Netwealth breached the Corporations Act in offering the First Guardian fund on its investment platform, which left more than 1,000 members exposed to $100 million in losses.
Dubber’s suit iced pending ASIC case against BDO
A $27 million lawsuit by Dubber against former CEO Stephen McGovern and the software firm's solicitor has been stayed as the corporate cop pursues the company's auditor.