• List of entities suspended for more than 3 months
• Deadlines to lodge outstanding periodic reports and resume trading
• Entities risk removal from official list if deadlines not met

ASX has released a market announcement detailing entities that have been suspended from trading for more than three months. The announcement includes the name and ASX code of each long-term suspended entity, the periodic reports they have failed to lodge, and the deadlines they face to either lodge the outstanding reports and resume trading, or be removed from the official list. Entities have a 1-year deadline to lodge their oldest outstanding periodic report, and a 2-year deadline to execute their plans for trading in their securities to resume, to ASX's satisfaction. If an entity does not meet these deadlines, it will be removed from the official list, usually effective from the open of trading on the first trading day after the deadline date. ASX recommends that long-term suspended entities implement a system of periodic (at least quarterly) disclosures to keep the market and security holders updated on their status and plans for resuming trading. ASX's removal policy for long-term suspended entities is explained in detail, and the announcement notes that reinstatement of securities to quotation is not granted automatically, even if the suspension was at the entity's request.