ASIC Commences Proceedings Against ISX and JK, page-588

"This is an incident that happened a good 7 months into the ASX suspension, a time when the company was already being probed and examined by every man and his dog."

Which makes the transgression even worse.

"What I find incredible about the whole Visa issue is that of the 36 pages of the ASIC SOC, exactly half are dedicated to the Visa suspension."

If you stop and think for a second, the VISA issue is actually the only thing NOT outlined in the SOR, because it happened after the document had been published. Consequently, it is only logical for ASIC to dedicate a significant portion of its current SOC to it, especially when the other things in the SOR are already being covered by another case, that is the ISX vs ASX case. It is prudent for ASIC to wait until that case has concluded, and contingent to the outcome of it, ASIC may do a separate litigation. It is more efficient for ASIC to wait and not commit all at once.