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ASX announces implementation plan for Release 2 of CHESS system

ASX today announced the implementation plan for the settlement and subregister services (Release 2) of the CHESS system.

ASX has filed a Concise Statement in Response to the proceedings brought by the Australian Securities and Investment Commission (ASIC).

Today ASX released a public consultation paper calling for feedback on the two-stage approach it has proposed for the delivery of CHESS replacement.

ASIC requires ASX to prepare a special report about arrangements for current CHESS.