ASIC and the RBA asked ASX to issue a special audited report detailing arrangements to ensure the stability, security and resilience of the existing CHESS system.
December 16, 2022ASX will write off about A$250mn in capitalised software, in response to an independent review by Accenture. ASIC and the RBA express disappointment.
November 17, 2022ASX recorded a “strike” against the adoption of its remuneration report, which included a A$1.2mn bonus for former CEO Dominic Stevens despite the CHESS replacement delay.
October 3, 2022The project will support custody on Synfini, ASX's new DLT-as-a-Service platform, for any tokenised asset, including crypto.
August 19, 2022Accenture to provide an independent review of the new CHESS application and help ASX determine a new launch schedule.
August 4, 2022The rule amendments will be subject to regulatory approvals. ASX proposes to lodge the combined rules package with ASIC in Q4 of calendar year 2022.
July 6, 2022Market participants should not delay broader planning and change programmes aimed at ensuring their resilience to market outages, ASIC says.
July 5, 2022The changes will take effect from 1 July and result in a "substantially simpler, clearer and more predictable" fee model, ASX says.
June 7, 2022ASX said a new go-live date will be determined after further planning with its technology partner and input from stakeholders.
May 12, 2022The next software release from technology provider Digital Asset has been delayed by three months, impacting the project schedule.
March 29, 2022