RBA finds shortcomings in ASX clearing facilities, citing governance and risk issues
- Reports
- 3
- Developments
- 1
- Repetition
- 67%
New informationRepeats or wire copies
What happened
The Reserve Bank of Australia stated that ASX’s clearing and settlement facilities continue to fail to meet its expectations in several important areas, including governance and risk management. The RBA’s 2026 review found that one or more facilities only “partly observed” requirements relating to governance, credit risk, and operational risk.
From businesstimes.com.sg
Why it matters
The Reserve Bank of Australia remains concerned that ASX’s governance arrangements have not consistently given sufficient priority to the interests of the clearing and settlement facilities. This heightened scrutiny follows a previous inquiry by the Australian Securities and Investments Commission in June.
From businesstimes.com.sg
Who's involved
- RBAThe central bank conducting heightened supervisory scrutiny of ASX facilities
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