ASX today provided an update guidance on its operating expenses for FY26 in relation to the inquiry recently launched by the Australian Securities and Investments Commission (ASIC).

ASX expects to incur additional operating expenses of between $25 million and $35 million in FY26 in relation to the inquiry through increased resourcing, the establishment of a secretariat to manage our response, legal costs, and other internal and external related costs.

ASX Limited CEO and Managing Director Helen Lofthouse said:

“When we last updated the market on 16 June, we acknowledged the ASIC Inquiry had only just been announced. Since then, we’ve completed our assessment of the range of expenses we expect to incur in relation to the Inquiry.

We remain committed to our five-year strategy and are focused on our technology modernisation and uplifting operational risk management and resilience.”

On June 16, 2025, ASIC announced an Inquiry into ASX, focusing on governance, capability and risk management frameworks and practices across the group.

ASIC and the Reserve Bank of Australia (RBA) have ongoing concerns over ASX’s ability to maintain stable, secure and resilient critical market infrastructure.

The regulator said it will discontinue its investigation of the 20 December 2024 CHESS Batch Settlement failure. Consideration of this incident will form part of the broader Inquiry.