Submission: ASIC IFM Review
ARITA has made a submission in the response to the ASIC Industry Funding Model (IFM) Review discussion paper.
Fundamental issues raised in ARITA’s submission include liquidators’ unique relationship with ASIC, concerns regarding the ex post nature of the IFM, alternative models and commentary on the cited benefits and design objectives of the IFM.
ARITA intends to raise a number of the issues outlined in the submission with the Joint Parliamentary Committee on Corporations and Financial Services during its current inquiry into corporate insolvency.
Read ARITA’s submission