The untold story of ASX’s $250m tech implosion (opens original article in a new tab)

ASX admitted to misleading conduct in 2022 about a failed $250 million tech project, paying a $23.5 million penalty to ASIC.

• ASX admitted to misleading conduct in 2022 regarding the CHESS replacement project.
• ASX paid a $20.5 million penalty and $3 million in court costs to ASIC.
• The ASX board's admission followed a review of old notes from 2021 and 2022.