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Showing 11 - 20 of 77 results for %22ASX CHESS%22

ASX CHESS lead to become chief information officer

CHLOE WALKER  |  WEDNESDAY, 24 MAY 2023
Come July 1, Tim Whiteley will commence his new role as chief information officer of the ASX. Just last year, Whiteley was selected to lead the ASX's CHESS Replacement Solution Design work, following its decision to reassess CHESS replacement project. ...

ASX expands partnership program criteria

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2023
... developing a technology application that connects and interacts with the CHESS replacement. Those who do not fit the criteria, ASX released new categories in which they could still potentially be involved, such as proving that they transmit and receive ...

ASIC investigates CHESS replacement blunder

KARREN VERGARA  |  WEDNESDAY, 29 MAR 2023
... corporate and securities 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 ...

Government targets ASX dominance

ANDREW MCKEAN  |  FRIDAY, 24 MAR 2023
... legislations promotion of competition in the clearing and settlement services market may bring significant challenges to the ASX, which has long dominated the sector. As emerging service providers gain fair and transparent access to market infrastructure ...

ASIC cracks down on CHESS issues

KARREN VERGARA  |  WEDNESDAY, 22 FEB 2023
ASIC is further clamping down on the ASX to ensure that it successfully comes through on replacing CHESS after botching its attempt to overhaul it with blockchain. Following Accenture's external review into the 25-year-old settlements system, ASIC ...

Assets under custody stagnant: Data

CASSANDRA BALDINI  |  FRIDAY, 10 FEB 2023
... role in supporting institutional involvement in digital assets, including cryptocurrencies, and the future direction of the ASX's CHESS replacement project. "Innovation, digital asset evolution and standards remain critical to achieving efficiency in ...

Regulators urge ASX to maintain CHESS

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
ASIC and the Reserve Bank of Australia (RBA) have acted to ensure the ASX keeps the current CHESS until a replacement is successfully administered. ASIC issued notices to the ASX requiring it to produce a special report regarding the ongoing operation ...

ASX dumps CHESS replacement project

JAMIE WILLIAMSON  |  THURSDAY, 17 NOV 2022
More than seven years on from when talk of a CHESS replacement began, the ASX has confirmed it will go back to the drawing board, writing off about $255 million in investment already made. The bourse first touted it would look to replace CHESS in February ...

ASIC welcomes second ASX market resilience consultation

CASSANDRA BALDINI  |  TUESDAY, 1 NOV 2022
ASIC has welcomed the latest ASX industry consultation on improving market resilience, following the exchange's outage in November 2020. The consultation paper covers potential future ASX capabilities to enhance market resilience, with submissions to ...

Assets under custody take a hit: ACSA

JAMIE WILLIAMSON  |  MONDAY, 22 AUG 2022
... involvement in digital assets including cryptocurrencies, and the implementation of the ASX's DLT-based replacement for CHESS. "Innovation, digital asset evolution and standards will be critical to achieving efficiency in custody and investment administration ...