REP 123 A report on costs of financial services
Released 26 March 2008
(This report was prepared for ASIC by Chant Link & Associates and was released on 26 March 2008. See ASIC Information Release IR 08-08.)
This reports presents the findings from interviews conducted by Chant Link & Associates with 64 financial services organisations in November and December 2007. The key objectives of the research were to assist ASIC to:
- Develop its understanding of industry perceptions of and attitudes about the overall size and direction of compliance costs
- Develop an ability to deal with information about costs and thereby inform and guide ASIC’s approach to its regulatory decision-making.
This report presents the detailed findings from the research as well as conclusions and recommendations.