ASIC industry funding
- Industry funding levies published
- Are your details up to date?
- Background information about industry funding
- More information
The levies payable by industry sectors to recover ASIC’s FY 2017-18 regulatory costs have been summarised.
- The amounts shown are the levies payable by each industry subsector.
- Individual entities can calculate their specific invoice amount from the information found in the summary.
- Invoices will be issued in early 2019.
- Detailed information about how ASIC calculates levies is available in the ASIC cost recovery regulations.
A reminder to organisations and individuals that are subject to industry funding to ensure that their address details are correct. Select the relevant link below for information about checking and updating your address details:
- AFS licensees
- Financial advisers and authorised representatives
- Credit licensees
- Company officeholders
Registered company auditors
- Foreign companies.
Small proprietary companies
In most cases, small proprietary companies do not have specific obligations relating to industry funding. ASIC will collect the associated regulatory costs for small proprietary companies through a small increase to their Annual Review Fee.
Charities registered with the Australian Charities and Not-for-profits Commission (ACNC) at 30 June each year are excluded from industry funding obligations and will not receive an invoice from ASIC.
The Government’s industry funding arrangements for ASIC became law in 2017.
This is the first year of the new regime where ASIC will recover most of its regulatory costs from the regulated industries.
Industry funding was a key recommendation in the 2014 Murray Financial System Inquiry.
Developing the model was a substantial undertaking with a high level of robust engagement from industry sectors throughout the Government’s consultation process.
- Regulatory costs & levies
- What industry need to do each year
- New prices for ASIC regulatory services
- Frequently asked questions
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