The Albanese Government has released a Discussion Paper to support public consultation as part of the review of the Australian Securities and Investments Commission (ASIC) Industry Funding Model (IFM), and encourages stakeholders to share their views.
The Albanese Government is committed to maintaining appropriate industry funding arrangements for ASIC. This Review will ensure the settings of the IFM remain appropriate in the longer term.
Stakeholder feedback received through this process and further consultation will inform the Review’s consideration, including to consider whether any refinements are required to the IFM to ensure its settings remain appropriate.
The Review is being led by Treasury in consultation with ASIC, the Department of Finance and the Department of the Prime Minister and Cabinet. The discussion paper invites stakeholders to consider options, examples of potential changes and questions that are designed to examine and address a range of issues set out in the Terms of Reference.
More information about the consultation process is available on the Treasury website.
The closing date for submissions is Friday 28 October 2022.