In his final appearance in Parliament as ASIC chair, Joe Longo warned the regulator was running on empty. The message has fallen on deaf ears.
Law
A shock pricing decision triggered a steep share price fall, sparked warnings of cost cuts and led to a prediction the company could abandon its UK expansion.
Ed Husic is taking a swing at Apple’s alleged anti-competitive conduct in payments, but what regulators should do next is hotly contested.
Despite a record enforcement year, ASIC has been forced to accept there are some penalties it won’t ever see.
The government wants to protect whistleblowers, and go after the Big Four professional services firms. The trick will be finding the right balance.
A Sydney court spared TPG dealmaker Joel Thickins from jail, but not from a withering assessment of his conduct behind the wheel.
The corporate cop will comfortably eclipse its previous enforcement record, FOI data shows, after a string of big court wins.
ASIC extracted a sizeable penalty after the global bank admitted it failed to protect customers from systemic fraud but some victims face an uphill battle to get their money back.
The whistleblower at the centre of the audit scandal might not actually be a whistleblower, in the strict legal sense. It’s concerning, and not just for the individual himself.
The KPMG inquiry has turned the spotlight on law firms, privilege and the blurry line between independent investigation and corporate protection.
Industry funded agency AFCA is about to get a bigger remit in scam prevention. In the meantime, it’s facing a record breaking deluge of claims of wrong doing in finance.
The KPMG audit leaks scandal has served as a reminder of the cost of speaking up. MP Andrew Wilkie warns whistleblowers remain too exposed.
Law firms Ashurst and Allens were dragged into KPMG’s mess, but the Senate inquiry could not make them carry the blame.
The federal court judge named and shamed six judges over delayed rulings. Now the chiefs have told their courts to keep any criticism in-house.
Reports suggest Binance could be rejected by EU regulators, but global co-CEO Richard Teng said he is “confident of our path” in Australia.
Bank bosses and regulators were keen to warn that multiple threats are escalating in an increasingly chaotic world. But a series of mishaps saw their message disrupted.
The Federal Court judge said former CEO Matt Bekier and chief lawyer Paula Martin would have faced harsher penalties if not for deals ASIC struck with other executives.
After a scathing royal commission pushed banks to offload their wealth and advice businesses almost a decade ago, there is growing talk of a comeback.
Ashurst and Allens are expected to refuse any questioning over their work for the consulting giant on professional privilege grounds, raising the prospect of a legal fight.
Newly released court documents lay out the timeline behind the ASX’s bungled tech upgrade, and how it it misled the market.
