Full details of the application and annual fees payable under The Registration of Non-Regulated Financial Services Businesses (Bailiwick of Guernsey) Law, 2008 appear in The Registration of Non-Regulated Financial Services Businesses (Bailiwick of Guernsey) (Fees) Regulations, 2022.
Application fee | £4,500 |
Annual fee | £1,500 |
Reduction of fees
The application fee and any annual fee will be reduced in the following circumstances:
- by 50% where the business fulfils one of the conditions set out under a) and b) below:
- by 75% where the business fulfils both of the conditions set out under a) and b) below:
a) the business is registered as a prescribed business under paragraph 2 of Schedule 5 to the Criminal Justice (Proceeds of Crime) (Bailiwick of Guernsey) Law, 1999;
b) the business is a member of a group of companies where one or more other members of that group are also under an obligation to pay a fee to the Commission under the Fee Regulations.