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HSF Chair Says ASIC Over-Regulation Pushing Directors Away

By Olivia Thomson

Herbert Smith Freehills Kramer Chair and senior partner Rebecca Maslen-Stannage has struck out at ASIC for excessive regulation arguing Australian-listed company directors want to move to private firms as they feel "the ever-growing burden" of over-regulation alongside securities class action threats, in a Bathurst Lecture speech on Thursday evening.

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Maurice Blackburn Plans Rival Corporate Travel, PwC Suit

By Olivia Thomson

Maurice Blackburn is investigating a class action proposal alleging misconduct by Corporate Travel Management and its former auditor PwC Australia, setting up a potential carriage dispute with Phi Finney McDonald.

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KPMG Procurement Ban Extended To End Of October

By Sarah Shannon

The Department of Finance has extended the current ban on KPMG Australia bidding for government contracts until the end of October as the deadline for the government's review of the auditing giant's governance, culture, ethics and integrity frameworks is pushed back.

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Equity Trustees Exec Blames Super Losses On 'Other Parties'

By Emma Knuckey

The executive director of Equity Trustees told a parliamentary joint committee on Thursday that the firm has not compensated investors for their losses in the collapsed First Guardian and Shield funds because "other parties are responsible."

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Victorian Criminal Bar Rebuts 'Wrong Judges' Critique

By Emma Knuckey

The Criminal Bar Association of Victoria is defending the state's judges and magistrates after an opinion piece by former Victorian Chief Crown Prosecutor Gavin Silbert KC criticised the state's judicial appointments and warned against election-driven "law-and-order promises".

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