Who we are

We are also a member of ASIC’s Business Advisory Committee and the ASIC Registry Business Advisory Group, the ASX Business Committee and the ACNC Sector Users Group. [...] This Submission does not address all the questions in the Whitepaper as our members’ knowledge of, and ability to engage the more technical aspects of the paper is limited. [...] It is fundamental that the market has confidence in the successful delivery of the CHESS Project. [...] Our members do not have a view on the optimal timing but acknowledge the complex nature of the decisions required and the importance for market confidence. [...] • Increased automation – the compressed settlement timeframes associated with a move to T+1 are likely to increase the need to automate a range of processes associated with cash equity settlement and there will be less time available for ‘manual fixes.