Australian Clearing House Pty Ltd and ASX Settlement & Transfer Corporation Pty Ltd
Assessment report 2005
Australian Clearing House Pty Limited (ACH) and ASX Settlement & Transfer Corporation Pty Limited (ASTC) provide clearing and settlement services, respectively, in relation to products traded on ASX's market. Under s823C of the Corporations Act, ASIC is required to assess how well ACH and ASTC are complying with their obligations as clearing & settlement facility licensees. In particular, we must assess whether there are adequate arrangements for supervision of the facilities.
ASIC has concluded that ACH and ASTC do have adequate arrangements for supervision of their facilities. This report is published by ASIC in accordance with s823C(6) of the Corporations Act.
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