About $94.4 million was paid to investors and consumers in compensation and remediation as part of Australian Securities and Investments Commission enforcement activities in the six months to December 31.

The regulator banned 54 people and companies from providing financial services or credit, issued 34 infringement notices and received $21.7 million in civil penalties.

About 37% of financial services cases involved dishonest conduct and misleading statements, 32% involved credit, and other forms of misconduct made up the remaining 31%.

About 20% of corporate governance cases involved action against auditors, and action against liquidators and directors each accounted for 12%.