JFSC proposes fund fee increases

Posted: 26/05/2020

The Jersey Financial Services Commission is asking for feedback on its proposed fee rates for the funds sector.

As outlined in the Commission's 2020 business plan, it is suggesting a 12.5% increase in the fee rates for fund services businesses, alternative investment funds, collective investment funds, CoBO and qualifying segregated managed accounts. 

In 2018, the JFSC committed to inflationary increases for the Jersey Private Fund annual fee and is therefore proposing an increase of 2.7% for 2020.

The deadline for feedback is 22 June, which can be sent to either the JFSC or Jersey Finance. The final fees notice will be published in June.

• To take part in the consultation, click here

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