Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 147 results for "CHESS"

SIAA focuses mission on building prosperity for investors

KARREN VERGARA  |  TUESDAY, 19 MAY 2026
... the pipeline of professionals, prevented increases to wholesale investor thresholds and engaged closely with ASX on its CHESS replacement project. "We're going to be proactive in our positions to lead government, regulatory, and market change where ...

ASX names Lofthouse's successor

MATTHEW WAI  |  THURSDAY, 14 MAY 2026
... Attia's core responsibilities will likely focus on the revitalisation of ASX's Clearing House Electronic Sub register System (CHESS), as it looks to complete the replacement of the system by 2029 with Release 2. The CHESS Release 1 was effective in April. ...

ASX announces interim chief executive

VINNY VUCAGO  |  THURSDAY, 30 APR 2026
... the announcement she would be stepping down in February, faced immense pressure over lengthy delays to the rollout of the CHESS system. The new technology was originally supposed to be rolled out in April 2021, but faced successive year-long delays. ...

'Beware the predictions of political experts': UniSuper

ELIZA BAVIN  |  TUESDAY, 28 APR 2026
... thought that Trump's administration acts with a 'grand master plan' in mind, that Trump himself plays 'four-dimensional chess', he's 'ahead of the game'. What nonsense," Pearce said. "From the time this war started, it's pretty clear that ...

ASX declares CHESS clearing services ready

ELIZA BAVIN  |  TUESDAY, 21 APR 2026
ASX has confirmed CHESS Release 1 is ready for market open to provide clearing services. ASX is aiming to implement Release 2 of CHESS replacement in 2029. ASX said all approved market operators (AMO) advised they successfully connected to the new system ...

ASX is 'compromised' and 'lacks aspiration': Final report

ELIZA BAVIN  |  THURSDAY, 2 APR 2026
... group. The panel conducted more than 140 stakeholder interviews, reviewed submissions and an expert technical report of the CHESS system, undertook international benchmarking, held focus groups with ASX staff and reviewed over 10,000 documents. The key ...

ASIC inquiry an 'inflection' point for ASX: Lofthouse

MATTHEW WAI  |  THURSDAY, 12 FEB 2026
... diversified business model. "We are making final preparations ahead of switching over to the new clearing platform with CHESS Release 1, which will use the new enterprise cloud and data platforms. We are working closely with our market participants on ...

Helen Lofthouse to exit ASX in May

JAMIE WILLIAMSON  |  WEDNESDAY, 11 FEB 2026
... she's faced immense pressure, including from ASIC and the Reserve Bank of Australia, over lengthy delays to the new CHESS solution. First announced in 2015, the new technology was originally supposed to be rolled out in April 2021 but faced successive ...

ASX to spend $264m to modernise tech, uplift risk management

RIDDHIMA TALWANI  |  THURSDAY, 29 JAN 2026
... brought to the forefront due to disruptions in trading in late 2024. ASX then said the glitch was a "technical issue" on its CHESS Batch Settlement, pushing trade settlements by two days. ASX suffered another outage last month which impacted the publication ...

AI, operational failures key regulatory risks for ASIC in 2026

RIDDHIMA TALWANI  |  TUESDAY, 27 JAN 2026
... Shield and First Guardian matters. Poor insurance claims handling, significant outage resulting from the implementation of CHESS replacement, poor quality financial reporting and increased risk appetite in the banking sector are also on its radar in ...