24Business

The Australian Corporate Supervisor assesses regulatory response options after interruption of ASX Chess Reuters


(Reuters) – Australian corporate regulatory body announced on Friday to evaluate all options for a regulatory response, after the CHESS S

The Australian Commission for Securities and Investments (Asic) stated that it was deeply disappointed with the incident and the influence it had on the market.

“Asic cooperates with RBA (Reserve Bank of Australia) and stakeholders on the impact of incidents and lessons for the future,” Asic said in a statement sent to Reuters.

ASX said on Thursday that he would pay a $ 1 million rabbet ($ 628,000.00) to traders affected by a delayed settlement due to the Clearing House Electronic Subregister System on December 20th.

“Asic is in regular contact with ASX and emphasized his expectations regarding lasting resistance, reliability, integrity and security of Chess,” said Asic.

ASX sought replacement of the Chess S

He is currently facing a lawsuit of an Australian corporate regulator who claims to have deceived the public about the progress of problematic software upgrades.

(1 USD = 1,5924 Australian dollars)





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Social Media Auto Publish Powered By : XYZScripts.com