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CA ANZ takes aim at ASIC's indicative levies

ASIC’s industry funding estimates, which often bear little resemblance to the significantly higher levies that follow, are routinely subject to delays that make it impossible for the industry to forward-plan, says one peak body. ....

New Zealand , New South Wales , United States , John Buckley , Washington Post , Cost Recovery Implementation Statement , Chartered Accountants Australia , Accountants Daily Strategy Day , Sydney Morning , Asic S ,

ASIC pivots away from enforcement clampdown

ASIC pivots away from enforcement clampdown
mortgagebusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagebusiness.com.au Daily Mail and Mail on Sunday newspapers.

Daniel Crennan , James Shipton , Sarah Simpkins , Josh Frydenberg , Joe Longo , Financial Regulator Assessment Authority , National Credit , Adviser New Broker Academy , Investment Commission , Australian Securities , Financial Accountability Regime , Corporate Plan , Cost Recovery Implementation Statement , New Broker Academy , Mortgage Business ,

CA ANZ takes aim at ASIC's indicative levies

CA ANZ takes aim at ASIC's indicative levies
smsfadviser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from smsfadviser.com Daily Mail and Mail on Sunday newspapers.

New Zealand , John Buckley , Cost Recovery Implementation Statement , Chartered Accountants Australia ,

ASIC levy reflects ramped up enforcement: FBAA

ASIC levy reflects ramped up enforcement: FBAA
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ASIC’s raised industry funding levies reflect higher enforcement against brokers and could add to other increasing costs, the head of the Finance Brokers Association of Australia has said.
ASIC released its draft Cost Recovery Implementation Statement for the 2020-21 year on Friday (23 July), with expectations of what each finance sector will be charged to fund its regulation.
The levies, which are based on ASIC’s regulatory costs and business metrics, will be finalised in December and invoiced in January next year.
The regulator is forecast to recover $44.5 million in total levies from the deposit-taking and credit sector – contributing to a grand total of $337.5 million to be recovered across financial industries. ....

Sarah Simpkins , Peter White , Adviser New Broker Academy , Brokers Association Of Australia , Council Of Financial , Cost Recovery Implementation Statement , Finance Brokers Association , Financial Regulators , New Broker Academy , Mortgage Business , சாரா சிம்ப்கின்ஸ் , பீட்டர் வெள்ளை , தரகர்கள் சங்கம் ஆஃப் ஆஸ்திரேலியா , சபை ஆஃப் நிதி , செலவு மீட்பு செயல்படுத்தல் அறிக்கை , நிதி தரகர்கள் சங்கம் , நிதி கட்டுப்பாட்டாளர்கள் , அடமானம் வணிக ,

ASIC levy increase will cause more practices to close: FPA

“In light of extended lockdowns across the nation, the FPA questions the validity and timing of the increase, with millions of Australians unable to work and some businesses struggling to keep staff employed,” De Gori said.
“The FPA strongly recommends that the ASIC industry levy be reviewed immediately to provide a more equitable and predictable annual levy, and for the year-on-year increases to better reflect the capacity of the financial planning profession.”
The FPA acknowledged the need for an industry-funded regulatory model but said two major issues had become apparent since the levy was first applied in the 2017-2018 fiscal year. ....

Financial Planning Association Of Australia , Investments Commission , Australian Securities , Financial Planning Association , Cost Recovery Implementation Statement , நிதி திட்டமிடல் சங்கம் ஆஃப் ஆஸ்திரேலியா , முதலீடுகள் தரகு , ஆஸ்திரேலிய பத்திரங்கள் , நிதி திட்டமிடல் சங்கம் , செலவு மீட்பு செயல்படுத்தல் அறிக்கை ,