ASX settles ASIC case with a $20.5m penalty over previous CHESS project statements; CHESS upgrade remains a top focus. You’re reading a free article with opinions that may differ from The Motley ...

CANBERA (dpa-AFX) - ASX Limited (ASXFY.PK, ASXFF.PK, ASX.AX) Monday announced that it has settled proceedings brought by Australian Securities and Investments Commission or ASIC in relation to ...

ASX settles legal case over bungled Chess project The Australian Securities Exchange (ASX) is to pay a $20.5 million penalty to settle a legal case brought by the Australian Securities and Investment ...

ASX Limited has settled litigation with the corporate regulator, admitting to making misleading statements over its bungled upgrade of the CHESS technology underpinning the equity market, as it looks ...

Exchange operator ASX will pay a $20.5m fine and $3m of the regulator’s legal costs after the two sides agreed settlement terms at the eleventh hour. The deal was announced on Monday shortly before ...

What ASX admitted: ASX conceded it misled the market in 2022 about the CHESS replacement project’s progress, despite internal red flags and delays. Regulator’s penalty push: ASIC is seeking a $20.5m ...

June 15 (Reuters) - Australia's ASX admitted to making misleading statements regarding the progress of a troubled ‌software upgrade on Monday, while agreeing to pay a penalty of ‌A$20.5 million ...

The sharemarket operator will pay up to settle the case brought by the corporate regulator over misleading statements on its CHESS replacement project. Exchange operator ASX will pay a $20.5m fine and ...