ASIC has today published estimated industry sector levies for 2018-19 as well as details on how it allocated its regulatory costs in 2017-18, as part of the its draft Cost Recovery Implementation Statement (CRIS).
The CRIS provides transparency of ASIC’s costs and how these costs are allocated to industry under the industry funding model.
The CRIS includes indicative levies for ASIC’s regulatory costs in the 2018-2019 financial year. This information will help industry better plan for the actual levy which will not be billed until January 2020. The indicative levies are a guide and the amounts are likely to change when ASIC’s regulatory costs are known and published in December 2019.
Next steps
Industry can provide feedback on the CRIS up until 26 April 2019. ASIC will consider this feedback before preparing the final CRIS in May 2019.
More information about the CRIS, including details on how to submit feedback.
