Regulatory Authority: ASX Damaged Market Resilience by Focusing on Shareholder Returns

NightAirdropper · 2026-04-02T00:42:34+00:00

The Australian Securities Regulator ASIC criticizes ASX for focusing on shareholder returns while neglecting market infrastructure resilience, stating that its management lacks ambition, is deficient in security investments, leading to multiple errors and failures.

NightAirdropper

2026-04-02 00:42:34

Abstract generation in progress

Gelonghui April 2丨Australian securities regulators said the country’s stock exchange operator has damaged the resilience of key market infrastructure by focusing on returns to shareholders. The Australian Securities and Investments Commission (ASIC) said on Thursday that ASX did not give sufficient attention to infrastructure. The regulator added that ASX lacks the ambition to be a manager of such infrastructure. In a statement, ASIC said: “To achieve high shareholder returns, the resilience of key market infrastructure has been harmed.” A specialist panel commissioned by ASIC made this judgment in its final report on ASX’s repeated missteps and failures; the panel members include a former deputy governor of the Reserve Bank of Australia. ASX operates an exchange where its own shares are also traded. The panel’s mid-year interim report for 2025 has already pointed out that ASX has not invested enough in the resilience and safety of its infrastructure.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes