SYDNEY, Dec 1 (Reuters) - The Australian Securities Exchange (ASX) was hit by an outage to its announcements platform on Monday, the latest ​setback for the stock exchange operator that is already under scrutiny from regulators over its ‌governance and ability to deliver market infrastructure. Here is a look at the major outages and regulatory investigations the ASX has faced in recent ‌years: August 2025 - Naming mix-up The ASX incorrectly tagged one of the country's top internet providers in an unrela ...

Core Viewpoint - The Australian Securities Exchange (ASX) must implement foundational changes in governance, culture, and risk management following a trading settlement failure, as emphasized by the Reserve Bank of Australia (RBA) [1][2][3] Group 1: Regulatory Oversight - The RBA has stated that ASX's clearing and settlement units do not meet key regulatory standards and will closely monitor improvements [1][2] - The RBA indicated that further regulatory responses will be considered if ASX fails to enhance its operations [2] Group 2: Operational Performance - ASX is currently not meeting the expectations of regulators for a critical national infrastructure operator, highlighting the need for resilient and secure clearing and settlement facilities [3] - The average daily cash market trading value for ASX in the past financial year was A$6.1 billion (approximately $4.04 billion) [4] Group 3: Recent Incidents and Responses - ASX faced criticism after deferring a day's worth of trading settlements due to a breakdown in its Clearing House Electronic Subregister System (CHESS) [5] - ASX's Chief Executive acknowledged the need to rebuild trust with regulators and mentioned ongoing efforts to improve contingency arrangements for CHESS [5][6]