ASIC has named two of the registered KPMG auditors, or partners, it is formally investigating regarding the firm's auditing scandal.During an appearance at Senate estimates on Friday, Greens senator Barbara Pocock asked ASIC to confirm it was investigating audit partner Paul Rogers and former chief operating officer Eileen Hoggett."There are currently just two registered company auditors that are the subject of our formal investigation and those are the names you put to me — Mr Rogers and Ms Hoggett," ASIC chair Sarah Court told the committee."We are currently making a range of preliminary investigations into others but we haven't reached the level of a formal investigation yet."These issues are evolving as we speak and we are very happy to be as open as we can with the committee as these inquiries continue."Eileen Hoggett quit her senior role on Wednesday, after chief executive Andrew Yates and head of audit Julian McPherson resigned over the scandal last week.Eileen Hoggett quit her senior role with KPMG this week. (Source: kpmg.com)KPMG has admitted to "mishandling" an internal whistleblower's allegations, which claimed client documents were being inappropriately shared internally.The allegations were brought to the attention of senior management in 2024, and several investigations followed.However, KPMG admits they "fell short of the firm's expectations", and chair Martin Sheppard apologised to the whistleblower in a statement last week.ASIC confirms it is formally investigating KPMGASIC chair Sarah Court told the committee the corporate watchdog is now formally investigating KPMG, after it began initial inquiries in April."We've now commenced a formal investigation this week in relation to KPMG and a number of the registered company auditors that sit within it," Ms Court said."In terms of correspondence we have had with Mr Sheppard or KPMG, there has been a significant amount of interaction between ASIC and KPMG at the most senior levels."KPMG is under fire after publicly aired revelations by a whistleblower that auditors at the firm had misused confidential client documents. (Four Corners)ASIC has eight active contracts with KPMGASIC was grilled by Greens senator Barbara Pocock about why it had entered contracts with KPMG after it had commenced proceedings against the firm."We currently have eight active contracts, six of those for services contracts, two consultancy contracts and the total of those is approximately $3 million," ASIC chief executive Scott Gregson explained."Of those contracts, none involve the company audit areas of KPMG that are in question."Senator Pocock asked how ASIC was managing the active contracts given its investigation of them."We have also approached KPMG this week seeking assurances of the absence of involvement of those persons involved in the matters that are public," Mr Gregson said.Senator Pocock then asked why two contracts were commenced after ASIC began an initial investigation into KPMG."We obviously follow appropriate procurement practices and they operated independently of many of our other activities in the agency which is appropriate under procurement rules," he replied.ASIC, Treasury, RBA to review contracts with KPMGSenator Pocock asked whether ASIC would review its contracts and relationship with KPMG, as the Reserve Bank and the Australian Tax Office had done."Absolutely we'll consider where we are with KPMG in respect to those current matters and indeed the extent to which it should be relevant for our future procurement activities," Mr Gregson responded.Assistant Treasurer Daniel Mulino said the federal government would be examining all KPMG contracts in place."There's also briefing coming up from the department, from Treasury to me in relation to whistleblower activity in light of this," Mr Mulino told ABC Radio National Breakfast."I've recently put out a discussion paper seeking views from stakeholders on whether we need to strengthen our whistleblower arrangements. That went out a couple of weeks ago with views sought by the end of July."Meanwhile, the NSW and Victorian governments are also reviewing their contracts with the firm.And the Reserve Bank governor Michele Bullock confirmed yesterday the bank would be re-tendering its contracts with the firm.ASIC will continue its investigations. Meanwhile current and former KPMG partners will appear before a federal parliamentary inquiry on June 19.