Cost recovery implementation statement - 2021-22
This Cost Recovery Implementation Statement (CRIS) provides information on how we will implement the industry funding model and recover:
- the costs of our regulatory activities from each industry subsector in 2021–22 (in Part 1); and
- our user-initiated and transaction-based regulatory costs via fees for service in 2021–22 (in Part 2).
This version of the CRIS summarises and responds to stakeholder feedback on the version we published for comment in June 2022 – 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.
Download
Cost Recovery Implementation Statement 2021-22 (PDF 1.8 MB)
Submissions
- Association of Superannuation Funds of Australia Limited (ASFA)
- Australian Financial Markets Association (AFMA)
- Australian Restructuring Insolvency & Turnaround Association (ARITA)
- Cash converters
- Chartered Accountants Australia and New Zealand (CAANZ)
- Financial planning association of Australia (FPA)
- Institute of Managed Account Professionals Ltd
- Mortgage & Finance Association of Australia (MFAA)