Financial
ASIC and RBA Intensify Scrutiny Over ASX Operational Risks - Kalkine
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Highlights
Regulatory Action on ASX: ASIC and RBA escalate concerns over ASX’s operational risk management following a system failure.
CHESS Breakdown Impact: December’s settlement failure led to trade settlement deferrals, prompting a downgrade of ASX’s compliance rating.
Immediate Remediation Required: Regulators demand urgent corrective measures, warning of further action if issues persist.
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