ASX Analysis: ASX Provides Update on ASIC Inquiry Commitments and Guidance

Event: ASX Provides Update on ASIC Inquiry Commitments and Guidance | Date: 2025-12-15 | Source: ASX Company Announcements

ASX Commits to Enhanced Governance and Capital Build-Up in Response to ASIC Inquiry

ASX Limited released an update on 15 December 2025 addressing commitments following the ASIC inquiry into its operational risk management and the December 2024 CHESS batch settlement incident. The company outlined measures including a $150 million capital charge to be accumulated by June 2027, the establishment of independent boards for its clearing and settlement facilities, and the Accelerate Program to improve operational resilience. Financial guidance for FY26 includes operating expense growth of 14-19%, with $25-35 million attributed to inquiry-related costs, and capex of $170-180 million focused on technology upgrades. The update also reaffirmed a dividend payout ratio constrained to 75-85% for the next three dividends due to the capital requirements. Source: ASX Company Announcements.