SP1 0.00% $1.07 southern cross payments ltd

ASIC Commences Proceedings Against ISX and JK, page-29

  1. 435 Posts.
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    Very good point! I don't know the trueth is with which party. Assumed it is with ASIC/ASX, but there are millions of breachs happened to the big 4 banks and I don't have the amount of money involved in in that kind of cases, it is surely a lot more than ISX could generate. At the end of day, ISX's number of transactions are so tiny in comparation to the big 4 banks, why took so long?

    To me, the length of time it took till now that ASIC start proceeding is certainly a FAILURE. Of course different people have different definition of this word.
    For the size of ISX, suspension of 3 months is acceptable, 6 months is long. Then it should conclude.
    Last edited by johnYE: 07/12/20
 
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