ASIC Expands KPMG Whistleblower Probe | Sydney News

ASIC is widening its probe into the KPMG whistleblower scandal to include KPMG-controlled companies and potentially their directors — a major move since ASIC usually doesn’t regulate partnerships. The investigation now bypasses structural limits, examining 24 entities including KPMG Australia Pty Ltd, after KPMG admitted staff accessed confidential client data for business advantage. Former NSW premier Mike Baird criticized the board for trusting management too much, while senior executives have already resigned amid mounting regulatory pressure. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/20aa2a1f6511812b