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ASIC brings case against auditors of failed First Guardian fund
Auditing firm Auditeo is accused of serious failures in the latest action by the corporate regulator over the collapse of the First Guardian investment fund. 
AMP faces fraud claim by sacked financial adviser
A banned financial advisor who is suing former employer AMP Financial Planning for alleged unconscionable conduct is seeking to join AMP Bank to the case, claiming it made fraudulent misrepresentations.
Falcon Capital director’s travel ban lifted after emotional claims
A former director of defunct Falcon Capital has won a fight with ASIC over a proposed travel ban extension, following an emotional plea to a court in which he claimed to be a whistleblower. 
Falcon Capital director says emails ‘exonerate’ him, freezing orders a ‘misery’
A self-represented former director of the defunct Falcon Capital has told a court he has emails that clear him of claims by ASIC, but the corporate regulator said the documents may contain privileged information. 
ASIC can advance Credit Code claims against Oak Capital
ASIC will press on with its case against defunct lender Oak Capital alleging the company's business model was designed to avoid consumer protections under the National Credit Code.
ASIC slams banks’ mortgage offset account failures
ASIC has found that customers have not been receiving the promised benefits of mortgage offset accounts and have been unknowingly paying more interest than they should have, with banks already paying out $55 million in compensation.
Harvey Norman, Latitude hit with $55M in penalties in ASIC case
Electronics retailer Harvey Norman and consumer lender Latitude Finance have been socked with a total of $55 million in penalties for a misleading ad campaign seen by millions of Australians.
Credit Suisse wins row over Deloitte reports, Linklaters advice in Greensill case
Two Deloitte reports commissioned by a Swiss law firm for Credit Suisse are protected by legal professional privilege despite access given to financial regulators investigating the collapse of supply chain financier Greensill. 
Macquarie launches formal review of KPMG audit tender process
Macquarie Group is conducting a review into the appointment of KPMG as its auditor, as the accounting giant reels from a whistleblower's accusations of client data breaches.
Brother of Olympic breakdancer Raygun sentenced over crypto scam
A financial firm director and brother of breakdancer 'Raygun' has reportedly been sentenced after pleading guilty to charges over funds suspected of being the proceeds of crime.