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ASX hit with $20.5M penalty for misleading CHESS replacement statement
A judge has hit ASX Limited with a $20.5 million penalty after it admitted that a February 2022 statement to the market that its CHESS replacement project was “progressing well” was misleading. 
ASX says $20.5M fine ‘ample’ for misleading CHESS statements
ASX Limited has told a judge it did not intend to mislead shareholders when it told the market that its CHESS replacement project was “progressing well” and that a $20.5 million penalty was sufficient to achieve deterrence.
ASX agrees to $20.5M penalty on eve of trial in ASIC’s case
ASX Limited has reached a settlement with the corporate regulator just hours before a scheduled trial in a case over a market announcement that said its CHESS replacement project was “progressing well”.
Director of CHESS replacement firm assured ASX about timeline, court told
A judge overseeing ASIC’s case against the ASX over its CHESS replacement plan will allow remote evidence by the US-based director of a New York tech company, who allegedly gave the exchange an assurance about the project's timeline.
ASX wants to grill US-based director of CHESS replacement tech partner
The ASX is fighting for a key witness in ASIC’s case over alleged misleading statements concerning its CHESS replacement program to appear at an upcoming trial, saying he needs to be cross-examined in person. 
ASIC wins court OK to pursue collapsed MWL Financial
A court has granted the corporate regulator leave to proceed with a lawsuit against collapsed advisory firm MWL Financial for advising clients to invest $114 million in their super into Keystone’s failed Shield Master Fund. 
Defamation lawyer who defeated Roberts-Smith case among 23 new silks in NSW
Twenty-three barristers in NSW have joined the silk ranks, including a leading defamation lawyer who was on the Fairfax legal team that defeated accused war criminal Ben Roberts-Smith's defamation suit.
ASX can’t see file notes of key ASIC interview in CHESS case
A judge has upheld ASIC's privilege claim over a solicitor’s notes from an interview with a tech start-up boss involved in the ASX program to replace its CHESS system. 
Solicitor for ASIC may face grilling over privilege claim in ASX CHESS case
ASIC's claim of legal privilege over a solicitor’s notes of an interview with a tech start-up boss involved in the ASX program to replace its CHESS system could be tested under cross-examination, a court has heard.
AUSTRAC claims Star walked back admissions in money laundering case
AUSTRAC has taken The Star to task for making statements that are inconsistent with admissions the casino has made in the regulator's case over its alleged failure to comply with its money laundering obligations.