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What we do

ASIC is Australia's integrated corporate, markets, financial services and consumer credit regulator.

ASIC is an independent Australian Government body. We are set up under and administer the Australian Securities and Investments Commission Act 2001 (ASIC Act), and we carry out most of our work under the Corporations Act.

Cost recovery implementation statement - 2018-19

The Cost Recovery Implementation Statement (CRIS)-2018-19 outlines ASIC’s forecast regulatory costs and activities for the 2018-19 financial year.

This version of the CRIS takes into account stakeholder feedback on the version we published for comment in March 2019 – see submissions received below.

The CRIS helps to increase the transparency of ASIC's costs, which strengthens our accountability to industry. This is particularly important now that regulated entities will receive an invoice for ASIC's regulatory services delivered in the prior year.

Regulated entities may use the figures in the CRIS to try and determine their industry funding invoice amount. However, final invoice amounts will in many cases depend heavily on data that ASIC is yet to collect from entities.

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Submissions

  1. Association of Financial Advisers Ltd

  2. ASX Group

  3. Australian Restructuring Insolvency and Turnaround Association

  4. Barry Hamilton & Associates

  5. Chartered Accountants Australia and New Zealand

  6. Chi-X Australia

  7. Dye & Co. Pty Ltd

  8. Eclipse Options Australia Pty Ltd

  9. Epoch Capital

  10. Mr David Fagan

  11. Financial Services Council

  12. Governance Institute of Australia Ltd

  13. Mr Colin McDonald

  14. National Insurance Brokers Association of Australia

Related information

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