ASX are focusing on justifying listing rules, page-104

ISX reported at least one of their clients as inappropriate to regulators. then that was used as an example of ISX client list. If they have the finance licence and doing dodgy things - it's a problem with regulators - why should ISX be the fall guy?

multiple audits is still not good enough to prove payments. voluntary escrow - not good enough - ASX don't want a quick resolution.

Remember ASX dismissed a senator's question on new system's governance, which was flagged by computershare and link.