ASX Responds To ASIC Conclusion Of Outage Investigation

The Australian Securities and Investments Commission (ASIC) has today announced the conclusion of its investigation into the ASX equity market outage in November 2020.

On 23 August 2021, ASX agreed to address the recommendations of the independent expert report into the outage. This work has begun and is expected to be completed over the next 12 to 18 months. Until the implementation of these recommendations and the completion of the CHESS replacement project, additional conditions will be applied to ASX’s market and its clearing and settlement licences.  

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