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Showing 1 - 3 of 3 results for "Supervisory Cost Recovery Levy Bill"

Advice licensees hit with $1500 levy

EMMA RAPAPORT  |  MONDAY, 17 JUL 2017
... costs recovery framework. The graduated levy for licensees comes off the back of the ASIC Supervisory Cost Recovery Levy Bill, a law which enabled the regulator to recoup costs from the industries it supervises. As of April 2015, about 22,000 financial ...

ASIC enters new era as industry funding model passes

ALEX BURKE  |  FRIDAY, 16 JUN 2017
The ASIC Supervisory Cost Recovery Levy Bill 2017, which will enable the regulator to recoup costs from the industries it supervises, has been passed into law. Minister for Revenue and Financial Services Kelly O'Dwyer said the passing of the bill reflects ...

Industry model costing good advisers

KARREN VERGARA  |  MONDAY, 3 APR 2017
... professionally and ethically, according to the Association of Financial Advisers. The ASIC Supervisory Cost Recovery Levy Bill, which details an industry funding model designed to recoup the cost of monitoring and remediating poor advisers could cost ...
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