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Fees

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Fees for persons licensed under the Protection of Investors (Bailiwick of Guernsey) Law, 1987 with effect from 1 January 2018

Full details of the revised fees payable under the Protection of Investors (Bailiwick of Guernsey) Law, 1987 (and other legislation administered by the Commission) appear in The Financial Services Commission (Fees) Regulations, 2017, but for ease of reference a summary is shown in the table below.

Regulatory Fees with effect from 1 January 2018

Open-ended Collective Investment Schemes​

Annual Fees​​
Scheme​£3,435​
Per additional class​£221
​Application Fees​
Scheme​£3,435​
New class of umbrella/multi class scheme​£721​

​ Non-Guernsey Collective Investment Schemes​​​

Annual fee​£553
Application fee​£1,108​

​ ​Closed-ended Collective Investment Schemes​

Annual fee​£3,435​
Application fee​£3,435​

"De-QIFing" (QIF = Qualified Investor Fund)​

Application fee£2,575

Change of Controller Fee

Application fee£2,000

 

Licensees

​Annual Fees​
Designated Persons of authorised or registered open-ended collective investment schemes​£3,322
Designated Persons of authorised or registered closed-ended collective investment schemes​£3,322
Principal Manager of authorised or registered open-ended collective investment schemes​​£1,661​
Manager of authorised or registered closed-ended collective investment schemes​​£1,661
Other Licensees​£3,322
Persons licensed to carry on the restricted activity of operating an investment exchange£65,140
​Application Fee​
Licensees​£2,322​

Form EX Notification​

Annual Fee​£553​
Application Fee​£1,108​

Amalgamation of a company or migration out of a company

The following fees are payable under The Amalgamation and Migration of Companies (Fees payable to the Guernsey Financial Services Commission) (Amendment) Regulations, 2017: 

An application for the Commission's consent for the amalgamation of two or more bodies corporate pursuant to the provisions of the Companies (Guernsey) Law, 2008

£2,220
An application to the Commission for the consent of the Commission for the removal of a supervised company from the Register of Companies for the purposes of becoming registered as a company under the law of a district, territory or place outside Guernsey in accordance with the provisions of the Companies (Guernsey) Law, 2008£2,220​