The Government has introduced the new industry funding model for the Australian Securities and Investments Commission (ASIC), with the ASIC Supervisory Cost Recovery Levy Bill 2017 and related bills receiving passage through the Senate.
It is the Regulations that provide details on the relevant categories and who pays what that the industry is waiting on.
They are expected to be made shortly ahead of the commencement of the model on 1 July 2017.
For further information, refer to the Hon Kelly O’Dwyer MP’s media release.
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