Australia’s Securities regulator has tapped the Trio expert to assess ASX operations
Australia’s security and investment commission (Asic) has turned to three of the country’s most timely financial numbers to assess the internal works of the Australian Securities Exchange, including the devastating blockchain project of the exchange.
The ASIC launched the inquiry on June 16 in this “continued remembering” and the Reserve Bank of Australia expressed the ability of the exchange to run stable and secure plumbing in the market.
Those concerns intensified as the ASX scraped a blockchain-based upgrade-based chess settlement engine in 2022, forcing a costly reset and drawing political heat. Asic later Sued asx In making misleading projects on the project.
Rob Whitfield, a former Westpac risk officer and is now a Commonwealth bank director, will lead the ASIC panel. Joining her was Christine Holman, who was sitting on the Boards of the Utility Agl and restaurant operator Collins Foods, and Guy Debelle, a former Australian governor’s deputy.
The trio will examine ASX management, technical capabilities, and risk controls and recommend adjustments for any vulnerable areas.
Their brief stretching throughout the asx group, which holds more than a $ 6 billion ($ 3.92 billion) In trading day -day.
