The Australian Securities and Investments Commission's ("ASIC") assessment was used to broadly understand the operational changes that the Australian Stock Exchange ("ASX") has made as a result of the transfer of market supervision to ASIC on 1 August 2010. The report sets out the following areas for attention that ASX has agreed to address: ASX’s engagement with ASIC and market participants about major and minor technical changes; improvements to ASX communications with industry and its approach to determining participant readiness; improvements in ASX’s approach to discussing and recording continuous disclosure matters with issuers and its processes around futures contract monitoring; and implementation of a new set of measures that take account of ASX’s changed role in the frontline supervision of trading.