ASIC: Delay To The ASX CHESS Replacement Project And Indepen

ASIC and the Reserve Bank of Australia (RBA) (the regulators) acknowledge the recent announcement by ASX of the further delay to the Clearing House Electronic Sub-register System (CHESS) Replacement project. The regulators welcome the appointment of Accenture to provide an independent review of the new CHESS application software. This review is expected to assist ASX to confidently determine a new go-live date and will form part of ASX’s replanning process.

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