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Showing 1 - 9 of 9 results for "ASX CHESS"

ASIC told to 'end the chaos' of ASX CHESS issues

ELIZA BAVIN  |  FRIDAY, 28 MAR 2025
The House of Representatives Standing Committee on Economics has released its final report on its reviews into ASIC. Committee chair Daniel Mulino MP said the report covered key issues relating to how the regulator deals with complaints and how it executes ...

Treasury responds to CHESS replacement inquiry

ELIZA BAVIN  |  TUESDAY, 4 MAR 2025
... Parliamentary Joint Committee on Corporations and Financial Services report, Competition in clearing and settlement and the ASX CHESS Replacement Project: The CHESS Replacement Project is too important to fail, which examined ASIC, the Takeovers Panel ...

FCX granted 'historic' market licence by ASIC, RBA

ANDREW MCKEAN  |  TUESDAY, 8 OCT 2024
... Australian Clearing and Settlement Facility Licence positions FCX as the sole fully licenced alternative to ASX Clear and ASX CHESS, in Australia. Together, these licences make FCX the only operator besides the ASX to have complete market and clearing ...

ASX lays out five-year plan to restore trust

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
... we must address, including our regulatory commitments and our expanded technology modernisation program." ASIC's ASX CHESS Special Report, which was handed down yesterday, highlighted key risk areas, one of which will force the ASX to increase its ...

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 CHESS replacement delayed again

JAMIE WILLIAMSON  |  WEDNESDAY, 11 MAY 2022
After advising there was a chance there would be further delays back in March, the ASX has today confirmed the CHESS replacement will not be ready by April 2023. In an update, the ASX said the April 2023 go-live is no longer viable. "This decision reflects ...

More engagement with custodians needed: Report

ELIZA BAVIN  |  TUESDAY, 11 FEB 2020
... change, client access to new markets and ways of investing, plus keeping up with necessary market infrastructure like the ASX CHESS Replacement make for a dynamic landscape," Brown said. The paper said the key industry trends include the rise of larger ...

What will super funds get from the ASX CHESS replacement?

KANIKA SOOD  |  THURSDAY, 2 MAY 2019
As the ASX ticks along in switching from its legacy settlement service to a blockchain based solution, how will Australia's $2.8 trillion pool of superannuation assets benefit? That's a question ASX chief executive Dominic Stevens addressed ...

Bravura circles competitor

KANIKA SOOD  |  FRIDAY, 12 APR 2019
... platforms, including the E-volve program to bring Composer to modern standards and the changes required as part of the ASX CHESS transition to blockchain technology." Bravura is also offering GBST investors an alternative - to take 35 cents in cash minus ...
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