Fiduciary Services Division Fees 2012
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FIRST PUBLISHED
16/12/2011
LAST UPDATED
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Full details of the revised fees from 1 January 2012 payable under The Regulation of Fiduciaries, Administration Businesses and Company Directors, etc. (Bailiwick of Guernsey) Law, 2000 ("the Law"), including the calulation of variable fees, (and other legislation administered by the Commission) appear in
The Financial Services Commission (Fees) Regulations, 2011, ("the Regulations") but for ease of reference a summary is shown in the tables below:
Application fees
| Personal fiduciary licence |
£860 |
| Full fiduciary licence - lead applicant |
£1,940 |
| Full fiduciary licence - joint applicant |
£260 |
| Discretionary exemption - individual |
£430 |
Annual fees
| Personal fiduciary licence |
£970 |
| Full fiduciary licence - annual turnover from regulated fiduciary activities up to £249,999.99 |
£5,820 |
| Full fiduciary licence - annual turnover from regulated fiduciary activities from £250,000 to £999,999.99 |
£9,690 |
| Full fiduciary licence - annual turnover from regulated fiduciary activities from £1,000,000 to £1,999,999.99 |
£19,720 |
| Full fiduciary licence - annual turnover from regulated fiduciary activities from £2,000,000 to £3,999,999.99 |
£21,800 |
| Full fiduciary licence - annual turnover from regulated fiduciary activities £4,000,000 or over |
£23,910 |
Other fee
| Use of name under section 38 of the Law |
£1,640 |