For those who are interested and have access to The Australian via subscription - this article is worth reading.
I'm not going to comment further on the article, nor can I reproduce it in part, as my post will be deleted.
I'm assuming perhaps one or two other independent newspaper/media publications may report similar news in the next few days.
This freely available google snip below summarily mentions ASIC's follow up action in response to some matters heard and investigated during the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services. The individuals listed below appeared and their activities/responsibilities were questioned.
'No action' letter from ASIC for former National Australia Bank ...
https://www.theaustralian.com.au/bu...n/news-story/5912c4ef672c1e7862a4784cdadf4d8a
22 hours ago ... 'No action' letter from ASIC for former National Australia Bank chief executive ... the end of the year, according to ASIC deputy chair Daniel Crennan. ... after hearing the evidence of Mr Thorburn and NAB chairman Ken Henry, ...
Definition and application process for a no action letter - reference ASIC website:
https://asic.gov.au/regulatory-resources/find-a-document/regulatory-guides/rg-108-no-action-letters/
9EC's coverage of Ken Henry's appointment to the ASX board -
Ken Henry re-elected to ASX board - Sydney Morning Herald
disallowed/business/banking-and-finance/ken-henry-re-elected-to-asx-board-20190924-p52ubb.html
24 Sep 2019 ... Ken Henry has been re-elected to the board of ASX Limited with a moderate protest vote, after the company said issues raised by the royal ...
Full reference: The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry - https://financialservices.royalcommission.gov.au/Pages/default.aspx
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MY OPINION ONLY - ISX should have nothing to lose and much to gain if ASIC intervene in the ASX/ISX 'conflict'. We have not seen any evidence to date to suggest that ISX should have been suspended or remain suspended by the ASX. Part of the ISX claim against the ASX relates to an 'evidenced' and ' widely' perceived lack of procedural fairness. Surely [??] ASIC would not demonstrate a lack of procedural and equitable fairness against ISX.
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