A snippet from the AFR re Computershare. Oh dear"The governance...

A snippet from the AFR re Computershare. Oh dear

"The governance proposals we have seen [from Computershare] would exclude or diminish the voices of other important stakeholders [on the ASX business committee], particularly at a time where their input is vital for the operational readiness phase of the CHESS replacement project."Ms Bowering told the Senate select committee on financial and regulatory technology on June 30 that the ASX had conflicts of interest in managing the project and the scope of it "needs to be pared back"."There is an overreach here, in terms of what ASX is proposing for the scope of this project, and it is foreseeable that this is to ASX's commercial benefit," she told the committee."When they rewrite the rules of how the market is conducted, they change the roles and responsibilities and access and commercial opportunity for all stakeholders in the market. That changes the structure of the market