Amendment Instrument 2026/574 · F2026L01223 Registered 17 September 2026 · commences 17 March 2028
The Art of Service · Market conduct ASIC Market Integrity Rules Checker The amended ASIC market integrity rules, the duty on each page, the evidence an auditor asks for, and the date it starts.
InstrumentAmendment 2026/574
Registered17 September 2026
Commences17 March 2028
In this record19 duties · 82 evidence items

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TRANSITION

What the instrument removes, renames and moves

The DTR and AOP regimes are replaced, the annual notification and two-director certification are repealed, further certification moves, and Chi-X becomes TMX.

BindsAll participants
Commences17 March 2028
SourceSchedule 1, items 1 to 109
Record date2026-10-19

The requirement, in our words

The instrument is a replacement, not only an addition. Part 2.5 (Designated Trading Representatives) is repealed. Part 5.6 is renamed Trading System Requirements and the AOP rule set is replaced. Rule 5.5.3 and 5.5.4 (trading management arrangements and their records) are repealed. Rule 5.6.2, 5.6.5, 5.6.8B and 5.6.11 are repealed, and 5.7.3 is repealed.

What the rule is trying to do

Several duties move rather than disappear. The authorisation and competence duties for the person who submits a message move into Rule 5.5.1. The filter duty moves from Rule 5.6.1 into Rule 5.6.3(1)(a). The further certification power moves from Rule 5.6.11 to Rule 5.6.7. The record content that sat in the trading management arrangements now sits in Rule 4.1.1 and Rule 4.1.2. The two director certification becomes a responsible officer statement. The annual notification to ASIC is not replaced.

What good practice looks like

The naming change is not cosmetic. References to Chi-X in the whole instrument become TMX, except in the Pre-Commencement definition. New definitions of TMX and TMX Market are inserted. Rule 1.1.8(1)(n) now points to Rule 5.6.7(1) rather than 5.6.11(1). Rule 5A.5.2(3) now refers only to Rule 5.6.3, and the note describes Trading System controls and arrangements. A firm that plans only for the new rules will miss the deletions. The deletions remove evidence it may still be collecting, and they remove safe harbours it may still be relying on. The transition plan should list what stops, what starts, what moves and what is renamed, and assign an owner to each.

What changed in the instrument

The whole instrument, read as a transition: 109 items, of which 19 place a duty and the rest change scope, definitions or cross-references.

Evidence an auditor or ASIC asks for

CategoryRecord to keepRetention
Transition registerA four column register: stops, starts, moves, renames, with the old rule, the new rule and the owner.Current, plus version history.
Policy diffThe marked-up policy and procedure changes that remove the old terms and add the new duties.Current.
Contract reviewThe review of market operator, vendor and client contracts that refer to Chi-X, AOP or DTR.Current.

Common gaps

  • The plan covers new duties but not the repealed annual notification and two director certification.
  • Documents still say Chi-X and AOP.
  • The move of further certification to 5.6.7 is missed in the cross-reference update.

What to do before 17 March 2028

  1. Build the four column transition register.
  2. Search every document for the old terms and the old cross-references.
  3. Assign an owner and a date to each row.

Dates and cross-references

Commences: 17 March 2028 (Rule 2 of F2026L01223 and the registration date). Retention: Not stated in the text for the register.

Read with: 2.5 (repealed), 5.5.1, 5.6.7, 5.6.8B (repealed), 5.6.11 (repealed).

Source

This page reads ASIC Market Integrity Rules (Securities Markets) Amendment Instrument 2026/574 (F2026L01223), Schedule 1, items 1 to 109, against the current compilation Compilation No. 6 (F2024C01108). Retrieved 2026-10-19. The requirement above is our own statement, not the instrument's wording. Not legal advice; does not certify.