Off Topic topics, page-196

LOOK @JoeGambler ASX is SHAMELESS, DISGRACEFULL, INCOMPETENT AND PATHETIC to tone it lightly!
I cannot think of a regulator in the democratic western world that is similar or worse than the ASX can you @JoeGambler maybe try third world countries??? i cant seem to find any, having trouble here... help a buddy out pleeeease..... i find it so interesting @JoeGambler dont you? riveting. Do you reckon AFR will publish anything tomorrow?

Happy reading.

• The RBA was also critical of weaknesses in ASX’s risk-management framework, saying there must be “demonstrable progress in strengthening its governance arrangements over the coming year.
• There have been examples where ASX has not kept the bank informed in a timely way. The most significant example was a substantial delay in notifying the bank and ASIC of the identification of a major risk to the schedule of the CHESS replacement program. Such a delay in notification is unacceptable.....
• There have also been a number of examples of ASX failing to notify the Bank of updated policy documents in a timely fashion. The Bank is concerned that there is not a consistent understanding of regulatory reporting, and compliance obligations more broadly, across ASX.” no surely no....wow....OMGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
• Shareholders expressed their frustration with the company’s pay structures in light of the CHESS delays, and a strike was recorded for the first time against ASX’s remuneration report.
• Former chief executive Dominic Stevens, who left the ASX in August and was replaced by Helen Lofthouse, lost 40 per cent of his 2022 short-term bonus. He still received a $480,000 short-term bonus on top of his base salary of $2 million. Other senior executives with responsibility for CHESS had 10 to 20 per cent of their bonuses cut.
• A strike was recorded against the adoption of the remuneration report, which means at least 25 per cent of shareholders voted against it. Two consecutive strikes trigger a motion to spill the board.

Do you think ASX should suspend itself