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ASIC reveals 3 KPMG probes, 500 audit complaints against Big Four
The Australian Securities and Investments Commission is reviewing 551 audit-related complaints against KPMG, PwC, Deloitte and EY as part of surveillance triggered by the recent whistleblower scandal.
AVZ Minerals has no money for lawyers in ASIC case, court told
Mineral exploration company AVZ Minerals does not have the funds to defend itself in ASIC proceedings alleging it failed to disclose a critical legal dispute, including a forgery claim, related to a $32 million lithium mine deal, a court has heard.
Beacon Minerals project manager sentenced for insider trading
A former project manager who enlisted two associates to buy 11 million shares in Beacon Minerals before the market knew it had struck gold has been sentenced to one year in prison following a guilty plea. 
Court orders CashnGo to pay $3.5M penalty in ASIC case
A Federal Court judge has ordered small loan provider CashnGo to pay $3.5 million after it admitted to using unfair terms in customer contracts.
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.