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Australia Begins Investigation Against ASX Over Software Replacement

(Reuters) – Australia’s corporate regulator has commenced an investigation into ASX Ltd regarding oversight related to the failed replacement of the Clearing House Electronic Subregister System (CHESS) software, the bourse operator said on Wednesday.

(This story has been corrected to remove reference to unrelated platform in paragraph 2)

(Reporting by Harish Sridharan in Bengaluru; Editing by Sriraj Kalluvila)

Copyright 2023 Thomson Reuters,

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