Proposed increases to fund fees

We are asking for feedback on our proposed fee rates for the funds sector.

As outlined in our 2020 business plan, we are 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, we committed to inflationary increases for the Jersey Private Fund annual fee and are therefore proposing an increase of 2.7% for 2020.

Deadline for feedback is 22 June 2020, which you can send to either the JFSC or Jersey Finance. We will publish the final fees notice in June.

If your business is experiencing financial constraints due to the Covid-19 outbreak and you are concerned about paying your fees on time, you should contact your supervisor.

Consultation on proposals to change fund fee rates No 2 2020