ASX Limited (ASX:ASX) Announces Increased Operating Expenses Due to ASIC Inquiry
Operating Expenses Impact
ASX Limited expects to incur additional operating expenses of between $25 million and $35 million in FY26 related to the ASIC Inquiry. These costs include increased resourcing, the establishment of a secretariat for managing the response, legal fees, and other internal and external expenses.
Executive Comments
CEO and Managing Director Helen Lofthouse said: “When we last updated the market on 16 June, we acknowledged the ASIC Inquiry had only just been announced. Since then, we’ve completed our assessment of the range of expenses we expect to incur in relation to the Inquiry. We remain committed to our five-year strategy and are focused on our technology modernisation and uplifting operational risk management and resilience.”
FY25 Results Announcement
ASX will announce its FY25 results on 14 August 2025.
Motley Fool contributor Lianne Eastty has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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