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ASIC seeks feedback on fees-for-service reform

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The Australian Securities and Investments Commission is calling for comments on revised bills and regulations to introduce its fees-for-service funding model.

The consultation period for documents related to the bills closes on Tuesday next week, while feedback on the regulations is due by May 1.

The latest documents take account of feedback sought last year on the funding model, which takes effect from July 1.

The regulator says proposed fee amounts in the draft legislation will be finalised only after further consultation on its Cost Recovery Implementation Statement.