the draft 2020/21 Annual Estimates and the proposed 2021 Supervisory Levies

The Authority hereby submits the draft 2020/21 Annual Estimates and the proposed 2021 Supervisory Levies, in accordance with the Section 23 (3) of the NBFIRA Act. The Authority continues to be funded by Government and the regulated entities through Government subvention and Supervisory levies. For the financial year 2019/20, the funding ratio reflects that Supervisory Levies account for 74% of the Authority’s funding while Government Subvention accounts for 26%.