Reserve Bank of Australia finds ASX still falls short on regulations

ASX: ASX is Australia's main securities exchange operator, providing trading, clearing, settlement, and related market infrastructure services. In the context of this news, it is addressing ongoing regulatory concerns through a Transformation Portfolio focused on governance, capability, culture, and risk management following the central bank's latest review. Reserve Bank of Australia: The Reserve Bank of Australia is Australia's central bank, responsible for monetary policy, financial system stability, and oversight of payment, clearing, and settlement systems. In the context of this news, it issued its 2026 assessment stating that ASX clearing and settlement facilities continue to fall short of regulatory expectations in areas including governance, risk management, credit risk, and operational risk. Regulation: The Reserve Bank of Australia maintains heightened supervisory scrutiny of ASX clearing and settlement facilities, with a focus on governance independence and operational resilience in its ongoing assessments. Transformation: ASX has established a Transformation Portfolio to address identified deficiencies in governance, risk management, and operational capabilities as part of its response to regulatory expectations.