ASIC (Supervisory Cost Recovery Levy—Regulatory Costs) Instrument 2018/1062 I, Emily Hodgson, delegate of the Australian Securities and Investments Commission, make the following legislative instrument. Date 20 November 2018 Emily Hodgson Contents Part 1—Preliminary 1 Name of legislative instrument 2 Commencement 3 Authority 4 Definitions Part 2—Determination 5 Applicable financial year 6 ASIC's regulatory costs 7 Attribution of ASIC's regulatory costs to each sub-sector Part 1—Preliminary 1 Name of legislative instrument This is the ASIC (Supervisory Cost Recovery Levy—Regulatory Costs) Instrument 2018/1062. 2 Commencement This instrument takes effect as follows: (a) if subsection 11(3) of ASIC Supervisory Cost Recovery Levy Act 2017 applies—the instrument takes effect on the day specified in paragraph 11(3)(a) of that Act; (b) if subsection 11(4) of ASIC Supervisory Cost Recovery Levy Act 2017 applies—the remaining provisions of the instrument take effect on the day specified in paragraph 11(4)(a) of that Act. Note 1: Section 11 of the ASIC Supervisory Cost Recovery Levy Act 2017 contains special provisions dealing with the disallowance and taking effect of instruments of this kind. Note 2: Subsection 9(9) of the ASIC Supervisory Cost Recovery Levy Act 2017 has the effect that the instrument can have retrospective application before the day it is registered on the Federal Register of Legislation. The register may be accessed at www.legislation.gov.au. 3 Authority This instrument is made under subsection 12A(6) of the Australian Securities and Investments Commission Act 2001 for the purposes of subsection 10(2) of the ASIC Supervisory Cost Recovery Levy Act 2017. 4 Definitions In this instrument: (a) Act means the ASIC Supervisory Cost Recovery Levy Act 2017; (b) unless the contrary intention appears, an expression that: (i) is used, but not defined, in this instrument; and (ii) is defined in the Act; has the same meaning in this instrument as in the Act. Part 2—Determination 5 Applicable financial year This determination applies to the 2017 – 2018 financial year. 6 ASIC's regulatory costs ASIC's regulatory costs for the financial year are $236,582,384. 7 Attribution of ASIC's regulatory costs to each sub-sector Column 3 of the table specifies the extent to which ASIC's regulatory costs are attributable to the sub-sector specified in column 2 of the table. Column 1 Column 2 Column 3 Item Sub-sectors Extent to which regulatory costs are attributable to the sub-sector ($) 1 Auditors of disclosing entities 5,666,484 2 Australian derivative trade repository operators 239,750 3 Corporate advisors 4,766,509 4 Credit intermediaries 5,739,767 5 Credit providers 24,124,482 6 Credit rating agencies 231,758 7 Custodians 740,788 8 Deposit product providers 3,114,271 9 Exempt CS facility operators 15,983 10 Exempt market operators 1,134,816 11 Insurance product distributors 943,422 12 Insurance product providers 13,131,610 13 Large futures exchange operators 1,435,573 14 Large futures exchange participants 3,321,123 15 Large proprietary companies 4,473,398 16 Large securities exchange operators 3,800,648 17 Large securities exchange participants 14,724,923 18 Licensees that provide only general advice to retail clients or wholesale clients 600,681 19 Licensees that provide personal advice on relevant financial products to retail clients 25,634,226 20 Licensees that provide personal advice to only wholesale clients 826,123 21 Licensees that provide personal advice to retail clients on only products that are not relevant financial products 1,198,621 22 Listed corporations 50,415,253 23 Managed discretionary account providers 742,236 24 Margin lenders 148,261 25 Operators of investor directed portfolio services 1,221,800 26 Overseas market operators 519,458 27 Over-the-counter traders 3,845,906 28 Payment product providers 654,552 29 Public companies (unlisted) 2,341,376 30 Registered company auditors 929,499 31 Registered liquidators 6,870,373 32 Responsible entities 22,769,635 33 Retail over-the-counter derivatives issuers 4,631,122 34 Risk management product providers 286,118 35 Securities dealers 1,482,730 36 Small amount credit providers 1,295,509 37 Small derivative market operators 479,500 38 Small futures exchange operators 251,146 39 Small securities exchange operators 536,478 40 Small securities exchange operators with self-listing function only 23,975 41 Superannuation trustees 9,592,832 42 Tier 1 clearing and settlement facility operators 1,614,315 43 Tier 2 clearing and settlement facility operators 191,800 44 Tier 3 clearing and settlement facility operators 71,925 45 Tier 4 clearing and settlement facility operators 15,983 46 Traditional trustee company service providers 296,522 47 Wholesale electricity dealers 109,516 48 Wholesale trustees 9,379,608