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RBA and ASIC Express Deep Concerns Over ASX Operational Risks
The Reserve Bank of Australia (RBA) and the Australian Securities and Investments Commission (ASIC) have jointly expressed serious concerns regarding ASX's operational risk management following a significant settlement failure. The regulators are particularly worried about the potential impact on the Australian equities market and the pace of ASX's remedial actions. The RBA has even reassessed ASX Clear Pty Limited and ASX Settlement Pty Ltd's compliance with financial stability standards.
Source: www.rba.gov.au
Published: Friday 01 August 2025 | Fresh Articles: 5 | Sections: 1 | RunID: 2025-08-01T11:33:29+10:00
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