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Showing 31 - 37 of 37 results for "Industry Funding Model"

Government boosts ASIC with $127m package

ALEX BURKE  |  WEDNESDAY, 20 APR 2016
... lending and life insurance industries. On top of this, the Government will also implement the proposed industry funding model for ASIC, so that costs will be recovered by the industry sectors ASIC regulates. This will come into effect on July 1, 2017. ...

ASIC revenue and investigations decrease in 2015

ALEX BURKE  |  MONDAY, 2 NOV 2015
... commentary on the report, ASIC chair Greg Medcraft noted that the regulator continues to advocate for an industry funding model, likely partially because of the decrease in Government revenue. He said it would "provide us with certainty of funding and ...

ASIC funding model needs "meat on the bones"

LAURA MILLAN  |  TUESDAY, 13 OCT 2015
... the Governance Institute said. The organisation said that the government's consultation paper 'Proposed Industry Funding Model for the Australian Securities and Investments Commission' lacks detail about how the model would work, how it will benefit ...

FSC, FPA support ASIC user-pay model

ALEX BURKE  |  WEDNESDAY, 2 SEP 2015
... Financial Services Council and Financial Planning Association of Australia have voiced their support for an industry funding model for ASIC. On August 28, Assistant Treasurer Josh Frydenberg welcomed industry consultation on the proposal while arguing ...

Bankers see ASIC user pays model as burden

LAURA MILLAN  |  FRIDAY, 28 AUG 2015
... which recommended that ASIC's regulatory activities be funded by industry. The government said that an industry funding model for ASIC would ensure that the costs of the regulatory activities undertaken by ASIC are borne by those creating the need for ...

Murray calls for ASIC to have more money and power

MARK SMITH  |  SUNDAY, 7 DEC 2014
... performance of financial regulators ASIC was specifically referenced in recommendation 29. "Introduce an industry funding model for the Australian Securities and Investments Commission (ASIC) and provide ASIC with stronger regulatory tools," it read. ...

Financial System Inquiry recommendations wrap

STAFF WRITER  |  SUNDAY, 7 DEC 2014
... reviews. Strengthening the Australian Securities and Investments Commission's funding and powers: Introduce an industry funding model for the Australian Securities and Investments Commission (ASIC) and provide ASIC with stronger regulatory tools. Strengthening ...
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