Australian regulator sues ASX over ‘misleading and deceptive’ CHESS updates
Lawsuit comes off the back on an investigation by ASIC into suspected regulatory breaches related to the blockchain-backed project.
Lawsuit comes off the back on an investigation by ASIC into suspected regulatory breaches related to the blockchain-backed project.
ASIC looks to mitigate risks of future ASX tech upgrades by imposing additional licence conditions on three licences held by the equities exchange.
After equity markets in Australia exceeded processing capacity on 13 March, the regulator imposed restrictions on the number of trades large brokers could execute.
Clients using DTCC’s trade repository for MAS and ASIC transactions to see fees reduced by up to 20%.