Fees

Fees for persons licensed under the Protection of Investors (Bailiwick of Guernsey) Law, 1987 with effect from 1 January 2021

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, 2020, but for ease of reference a summary is shown in the table below.

Regulatory Fees with effect from 1 January 2021

Open-ended Collective Investment Schemes​

Annual Fees​​
Scheme​ £3,507​
Per additional class​ £226
​Application Fees​
Scheme​ £3,507​
​Fast track additional application fee £500 £4,007
New class of umbrella/multi class scheme £736

​ Non-Guernsey Collective Investment Schemes​​​

Annual fee​ £565
Application fee​ £1,131​

​ ​Closed-ended Collective Investment Schemes​

Annual fee​ £3,507​
Application fee​ £3,507​
Fast track additional application fee £500 £4,007

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

Application fee £2,629

Change of Controller Fee

Application fee £2,042

 

Licensees

​Annual Fees​
Designated Persons of authorised or registered open-ended collective investment schemes​ £3,392
Designated Persons of authorised or registered closed-ended collective investment schemes​ £3,392
Principal Manager of authorised or registered open-ended collective investment schemes​ ​£1,696​
Manager of authorised or registered closed-ended collective investment schemes​ ​£1,696
Other Licensees​ £3,392
Persons licensed to carry on the restricted activity of operating an investment exchange £66,508
​Application Fee​
Licensees​ £2,371​

Form EX Notification​

Annual Fee​ £565​
Application Fee​ £1,131​

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, 2020

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

£2,267
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 £2,267​

Migration out of a Limited Partnership

The following fees are payable under The Limited Partnerships (Fees) Regulations, 2020.

An application to the Commission for the consent of the Commission for the removal of a supervised limited partnership from the Register of Limited Partnerships for the purposes of becoming registered as a limited partnership under the Law of a district, territory or place outside Guernsey in accordance with the provisions of the Limited Partnerships (Guernsey) (Migration) Regulations, 2020. £2,267