The Jersey Financial Services Commission (JFSC) has published a consultation on a proposed fee increase of 14.7% in 2023 to the Fund Business sector fees.
The JFSC says: “This increase is in line with our Business Plan and budget which included an expectation of RPI plus 2%.
“Whilst we continue to manage our costs and to be consistent with delivering appropriate service and regulation, the enhanced regulatory remit, combined with challenging cost increases have contributed to the headline fee increase.”
The consultation is open until 23rd June and details can be read here.
