ASIC welcomes second ASX market resilience consultation
ASIC has welcomed the latest ASX industry consultation on improving market resilience, following the exchange's outage in November 2020.
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ASIC has welcomed the latest ASX industry consultation on improving market resilience, following the exchange's outage in November 2020.
ASIC has released two reports on better and poorer practices in wholesale financial markets, encouraging participants in these markets to benchmark themselves against industry standards.
ASIC is calling on the major banks, Macquarie and JP Morgan, to benchmark themselves against a new report regarding conflicts of interest in wholesale markets.
<p><span>I am pleased to appear before the Committee once more and welcome Dr Daniel Mulino as the new Committee Chair. I am joined today by Deputy Chairs Sarah Court and Karen Chester, Commissioners Sean Hughes and Danielle Press, Chief Operating Officer Warren Day, Executive Director of Strategy Greg Kirk and our General Counsel Chris Savundra.</span></p>
<p><span>ASIC has today released its annual licensing report. Report 738</span><span> Licensing and professional registration activities: 2022 update</span><span> (</span><a data-anchor="#" title="REP 738 Licensing and professional registration activities: 2022 update" href="https://asic.gov.au/regulatory-resources/find-a-document/reports/rep-738-licensing-and-professional-registration-activities-2022-update/">REP 738</a><span>) outlines ASIC’s licensing and professional regist...