Search Results | Showing 1 - 10 of 17 results for "ASX Clear" |
| | | ... money account, and then to other accounts. ASIC believes that such instructions intended to fund a margin payment to ASX Clear thus breached BBY's obligation to hold the money on trust. ASIC further alleged that in March 2015, Yuen authorised similar ... |
| | | | ... platform that meets the needs of the Australian market now and into the future". "It can satisfy the licence obligations of ASX Clear and ASX Settlement and is capable of supporting potential new services and innovation from ASX or other providers," ... |
| | | | ... more competition in the clearing and settlement of cash equities traded in Australia, which is dominated by the ASX's ASX Clear and ASX Settlement. ASIC now has new rule-making power to facilitate competitive outcomes in the provision of clearing and ... |
| | | | ... writing to the group regulators. The Advisory Group, led by chair Alan Cameron, will oversee several issues incurred by ASX Clear and ASX Settlement following longstanding industry concerns over the botched CHESS replacement program. ASIC and the RBA ... |
| | | | ... deficiencies. Following the roundtable, ASIC said it's prepared to use a range of regulatory options to ensure that ASX Clear and ASX Settlement adhere to the regulators' expectations with respect to the advisory group. Longo said a letter penned ... |
| | | | ... found prevalence of conflicting commercial interests among the parent company as a listed entity and its subsidiaries, ASX Clear and ASX Settlement, with respect to the current governance of CHESS and its long-drawn-out replacement. HSF was tasked by ... |
| | | | ... watchdog has commenced an investigation into the ASX's botched CHESS replacement program. The ASX, its subsidiaries ASX Clear and ASX Settlement, and responsible directors and officers are under scrutiny for their role in failing to replace the settlements ... |
| | | | ... economy and investors." Meanwhile, the RBA issued a letter of expectations to the boards of ASX Limited and its affiliates ASX Clear and ASX Settlement regarding the current CHESS and its replacement. This supplemented a joint letter of expectations ... |
| | | | ... upgrades. Conditions have been imposed on the market licence of ASX Limited, and the clearing and facility licence of ASX Clear and ASX Settlement. The conditions on the market licence address underlying issues in ASX operations that led to the outage ... |
| | | | ... migrating to the new system. ASIC and the RBA are co-regulators of licensed clearing and settlement facilities, with ASX Clear and ASX Settlement both required to ensure that their services are provided in a fair and effective way. "ASIC believes the ... |
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