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ASIC to investigate ASX over possible Corps Act breaches in failed CHESS upgrade

The hits keep coming for the country’s primary stock exchange, which is now under investigation by the corporate regulator for its oversight of the doomed upgrade to its clearing system.
Tahn Sharpe | 29th Mar 2023 | More
ASX drops plan to replace CHESS with blockchain, writes off $250M

The long-running project has been shelved after a devastating Accenture report cited multiple areas of concern. ASIC chair Joe Longo said the ASX “failed to demonstrate appropriate control”.

Tahn Sharpe | 18th Nov 2022 | More