GIMB, MSB, TCB and DNFBP fees for 2020
In November, we published consultations regarding fee rates for general insurance mediation businesses (GIMB) money service businesses (MSB) trust company businesses (TCB) and designated non-financial businesses and professions (DNFBP).
We received no feedback on our proposal to increase the fee rates for both GIMB and MSB by 0.9%. We have therefore now published the 2020 fees notices and a feedback paper from the consultations.
Firms will be notified soon that their fee invoices are ready for collection through the myJFSC portal.
We received a large amount of feedback on the consultations for TCB and DNFBP and are extremely grateful for this. We will review all of the feedback over the next few weeks and will publish our responses to these consultations, as well as the final fees notices in January 2021.