BRIEF-Australia's ASIC Makes New Clearing And Settlement Rules To Promote Competition

Reuters
25 Feb
BRIEF-Australia's ASIC Makes New Clearing And Settlement Rules To Promote Competition

Feb 25 (Reuters) - Australian Securities & Investments Commission (ASIC)

  • MAKES NEW CLEARING AND SETTLEMENT RULES TO PROMOTE COMPETITION

  • REQUIRES ASX TO PROVIDE CS SERVICES ON TRANSPARENT BASIS, WITH REQUIREMENT TO PUBLISH COMPARISON OF FEES AGAINST INTERNATIONAL PROVIDERS

((Reuters.Briefs@thomsonreuters.com;))

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