今日热门事件welcomes the release by Treasury of a consultation paper proposing changes to fees-for-service.
While around 90% of ASIC鈥檚 regulatory activities will be now be recovered as part of the Government鈥檚 industry funding arrangements, the remaining 10% will be recovered via fees-for-service.
Fees-for-service recover the regulatory costs attributable to a single, identifiable entity. They apply to:
- licencing and professional registration services
- processing of relief applications, and
- ASIC鈥檚 formal compliance review of documents lodged by entities under the Corporations Act.
今日热门事件Commissioner John Price said, 鈥楾he current fees for these activities do not reflect their actual cost and the Government is seeking input from industry on changes to address this.鈥�