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  • ASIC - RBA joint statement on ASX CHESS replacement program

    From rba.gov.au

    ASIC and the Reserve Bank of Australia (RBA) (the regulators) note ASX’s announcement on the CHESS Replacement program. ASX’s announcement marks a significant setback to the replacement of critical national infrastructure for Australia’s cash equity markets and now brings into sharp focus the longevity of the existing CHESS platform. As a result of ASX’s announcement and release of the independent report, ASIC and RBA have today provided ASX with a joint letter of regulatory expectations to highlight what is required of ASX Clear Pty Ltd (ASX Clear) and ASX Settlement Pty Ltd (ASX Settlement). In particular ... (full story)

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  • Nov 17, 2022 3:45am Nov 17, 2022 3:45am
  •  NotAtrader
  • Joined Oct 2016 | Status: NotAtrader, A Money Machine. | 3545 Comments
Pausing the program and revisiting the technology designs of the CHESS replacement was the best thing ASX could do in order to open new ways and see new possibilities around the resolutions for the issues related to it.
Well done
Start with 1000$. Increase by 3% every day. After one year 2 213 314$
 
 
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  • Posted: Nov 16, 2022 9:28pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 1  /  Views: 356
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