ASX 1.58% $62.98 asx limited

ASX rejects senator's call for review of CHESS replacement

  1. 689 Posts.
    lightbulb Created with Sketch. 128
    Seems as though ASX dont want to answer to anyone??

    Really worth a read when the AFR are starting to publish about the ASX's monopoly control over.

    ASX rejects senator's call for review of CHESS replacement

    (Follow the link to get the full article)

    ......
    Liberal senator Paul Scarr has called on the ASX to "provide confidence to the market" about its CHESS replacement project, suggesting it create an independent governance structure and appoint an outside expert to review it, in response to ongoing concerns by some share registries.

    ASX said it would seek to meet with Senator Scarr as part of its ongoing consultation while rejecting the need for more oversight. A spokesman said ASX was "very confident that the existing governance structure for the project is fit for purpose".

    ........
 
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