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Director of CHESS replacement firm assured ASX about timeline, court told
A judge overseeing ASIC’s case against the ASX over its CHESS replacement plan will allow remote evidence by the US-based director of a New York tech company, who allegedly gave the exchange an assurance about the project's timeline.
ASIC in ‘aggressive’ mode with First Guardian, Shield cases
The head of ASIC has told a Senate panel that the regulator is taking an “aggressive” stance on cases related to the collapse of the First Guardian and Shield Funds, with 50 to 60 people working around the clock. 
ASIC launches formal investigation into KPMG as scandal deepens
ASIC has told a senate estimates committee that it is now formally investigating KPMG in the wake of allegations the firm misused client data. 
Federal Court to hear cases alleging misuse of $26M in Dubber cash
The Supreme Court of Victoria has agreed to transfer a case against the former CEO of ASX-listed software company Dubber and its solicitor to the Federal Court, to be heard alongside a case against auditor BDO and civil penalty proceedings by ASIC.
Keystone director must hand over books, bank statements
Former Keystone Asset Management director Paul Chiodo has been ordered to produce books in his possession as well as bank account statements of family members, as he defends himself in a case over alleged misappropriated money.
Zara, H&M, Sephora pay $596,000 for late financial reports
ASIC is continuing its crackdown on tardy financial reports, slapping the companies that operate Zara, H&M and Sephora with a combined $596,000 in infringement notices for not filing their reports on time.
Judge weighing $10.3M penalty sends ASIC, Mercer back to drawing board
A judge wants more details about a $10.3 million agreed-to penalty in proceedings brought by ASIC accusing Mercer Super of "longstanding and systemic" compliance failures.
CDPP drops insider trading charges against Big Un CFO
The CDPP has dropped insider trading charges against the CFO of defunct video producer Big Un, after a hung jury couldn't reach a decision on the charges following a five-week trial.
‘Stop abusing legal privilege’: Senators told KPMG won’t produce docs to ASIC
A senator has slammed companies for abusing legal professional privilege, after hearing that KPMG has refused to hand over documents in an ASIC investigation into misuse of client information by KPMG auditors.
ASIC investigating Corporate Travel Management, PwC
ASIC is investigating Corporate Travel Management and its auditor PwC, after the travel management company said it would reverse $220 million in revenue after a review found it had overcharged customers.