Continuous Disclosure Requirements Of The ASX

In the midst of the awakening Global Financial Crisis last year the Australian Stock Exchange (ASX) was made to answer criticisms that its policing of the Australia stock market was somewhat soft. The ASX responded at the Securities and Derivatives Industry Association (SDIA) Conference in May 2008, defending its regulatory practice and promising stricter enforcement practices in the future.

Since that time the ASX has been working hard on its promise to ensure listed entities remain compliant.

Earlier this year the ASX published a reminder to listed entities warning them that they are expected to continuously disclose material changes in their financial performance in accordance with ASX Listing Rule 3.1.