ASIC today published the final 2019-20 Cost Recovery Implementation Statement (CRIS). The CRIS provides regulated entities with details of ASIC’s forecast regulatory costs and activities by industry and subsector.
The final CRIS has been updated to include some of the feedback that arose during consultation on the draft document published in June 2020. ASIC has also published a summary of its actual regulatory costs and actual levies. Levy invoices will be issued shortly.
ASIC is acutely aware of the challenges facing many businesses due to COVID-19 and is committed to working with regulated entities facing difficulties paying industry funding levies. ASIC will consider waivers due to the impact of COVID-19 on a case-by-case basis.
Visit our website for general information about waiver applications and payment plans.