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ASX Admits Misleading CHESS Statement, Faces $23.5 Million Penalty
8:06am on Monday 15th of June, 2026 AEST
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Financial Services
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ASX Admits Misleading CHESS Statement, Faces $23.5 Million Penalty
8:06am on Monday 15th of June, 2026 AEST
Key Points
ASX admits misleading statement about CHESS progress
Penalty of $20.5 million plus $3 million legal cost contribution
Settlement avoids trial, subject to Federal Court approval
CHESS Release 1 successfully launched on cloud platform
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