After the incident on Thursday, ASIC said it views the outage with "significant concern" due to its "significant impact" on the market, market participants and investors.
March 18, 2022ASIC wants market participants to be able to re-route trades to alternative venues such as Chi-X in the event of a future market outage.
November 26, 2021The latest failure disrupted about 100 ATMs due to a “hardware problem”, though affected services were restored quickly.
September 13, 2021An independent review commissioned by ASIC and RBA found that ASX’s upgraded equity trading system was not ready to go-live.
August 24, 2021A new report from a third-party committee has attributed the bank's system failures to poor corporate culture within Mizuho Financial Group.
June 15, 2021The FSA will consider whether to take disciplinary action such as issuing a business improvement order against the bank.
March 25, 2021Banks are asked to carefully prepare for any major system upgrades involving extensive data processing, and to ensure appropriate lines of communication are established.
March 16, 2021NZX is required to develop a detailed, time-bound action plan to address the technology issues identified in a review conducted by the FMA.
January 28, 2021ASIC is concerned Chi-X as an alternative venue did not see more trading activity during ASX's November outage, as would be expected given participants' best execution duty to clients.
December 22, 2020ASIC said it was focused on ensuring that market integrity is not compromised and that it would monitor for any impacts resulting from Monday's failure.
November 16, 2020