In our second submission to the Financial System Inquiry, we provide views on the proposal to move ASIC to a more autonomous funding process.
Financial System Inquiry
In our second submission to the Financial System Inquiry, we provide views on the proposal to move ASIC to a more autonomous funding process, in particular, the introduction of an industry levy to fund ASIC.
While significant attention has been given to the method of funding, we propose that to date there has been insufficient focus on the adequacy of funding.
The contents of this publication are for reference purposes only and may not be current as at the date of accessing this publication. They do not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking any action based on this publication.
© Herbert Smith Freehills 2021