The Australian Securities and Investments Commission (ASIC) announced today that it is launching an investigation into the ASX’s risk management practices,
ASIC Chair Joe Longo stated that the review presents a chance for the ASX to “restore and strengthen market confidence
The review will cover the troubled upgrade of the ASX’s CHESS settlement system.
However, ASIC has closed its investigation into the CHESS Batch Settlement Incident that occurred in December 2024.