The settlement system for Australian equities
- Is currently the sole provider of settlement services for Australia’s equity markets
- is regulated by the Reserve Bank of Australia (RBA) and the Australian Securities and Investments Commission (ASIC)
- complies with the CPMI-IOSCO Principles for Financial Market Infrastructures and the RBA’s Financial Stability Standards, and
- operates according to a Code of Practice which sets out ASX Settlement’s commitment to complying with the Regulatory Expectations published by the Council of Financial Regulators and its commitments to customers and other stakeholders in managing cash equities clearing and settlement infrastructure and services for the Australian market.