Consultation paper on how we charge investment business fees
We are asking for feedback on how we charge investment business fees. The deadline for giving us your feedback is 22 April. Between now and then we will be holding strategic discussions with representative bodies to explain the proposals and develop a shared understanding of the approach.
In summary, we have outlined two different options, which we are looking for Industry feedback on:
- A set increase for all fee payers. This is how we have approached changes to fees in the past.
- A move to calculating fees based on the average number of employees within a business. This is the approach we recently introduced for trust company business and designated non-financial businesses and professions (DNFBP) fees.
You can either send your responses directly to us or via Jersey Finance.
[This consultation paper supersedes the version released early last week. We hope this hasn’t caused confusion and would ask you to refer to this version when providing us with your comments.]