Australia's ASIC Says RBA And ASIC Taken Steps To Address Concerns Over ASX's Ops Risk Management
Reuters
31 Mar
March 31 (Reuters) - ASX Ltd :: *RESERVE BANK OF AUSTRALIA AND ASIC TAKEN FURTHER STEPS TO ADDRESS INCREASING CONCERN OVER MANAGEMENT OF OPERATIONS RISK AT ASX *IN ADDITION, ASIC DIRECTED ASX TO ENGAGE EXPERT APPROVED BY ASIC TO UNDERTAKE TECHNICAL REVIEW OF CHESS *IF NOT URGENTLY ADDRESSED, REGULATORS PREPARED TO TAKE FURTHER REGULATORY ACTION *REGULATORS HIGHLIGHTED THEIR CONCERN ABOUT THE SPEED AND NATURE OF ASX’S REMEDIATION ACTIONS FOLLOWING THE INITIAL INCIDENT *Further company coverage: ASX.AX * ((Reuters.Briefs@thomsonreuters.com;))
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