"ASX really have reason to doubt the legitimacy of what has been stated"
Totally !
ASX are responsible to ASIC to have the regulatory responsibilities adhered to.
In turn, ASIC is responsible to Parliament.
WE Elect Parliament....
It's all OUR fault...lol..ASIC’s governance and accountability framework
ASIC’s governance and accountability framework (the Framework) sets out a clear, transparent and common understanding of ASIC’s governance and accountability structures and processes.
The objective of the Framework is to promote effective, efficient and impartial decision making at ASIC and articulate clear accountabilities.
The Framework seeks to ensure ASIC acts strategically, with integrity and effectively delivers on its statutory objectives.
https://asic.gov.au/about-asic/what-we-do/how-we-operate/asic-s-governance-and-accountability/#:~:text=of%20the%20Minister.-,Under%20the%20ASIC%20Act%2C%20Parliament%20has%20conferred%20functions%20and%20powers,Senate%20Standing%20Committee%20on%20Economics
