JFSC fees reform update
09/07/2025
THE JFSC fees reform work has been developed in response to industry feedback and an independent report by KPMG.
IN MAY 2025:
- The JFSC published a progress update and next steps on the reform project;
- The update focused on supporting Jersey’s competitiveness as an international finance centre of choice.
SOME KEY OUTCOMES SO FAR INCLUDE:
- Final fee notices to be published earlier (September);
- All fees are aligned to the annual calendar to support financial planning; and
- Ongoing engagement with industry to inform on the JFSC approach.
NEXT STEPS INCLUDE:
- Exploring risk weighting and ‘user pays’ approaches; and
- Identifying further ways to boost competitiveness.
VIDEO UPDATE:
- In this video, Senior JFSC Policy Advisor Heidi Peterson shares how reforming the JFSC registry and regulatory fees supports a robust and competitive business environment.
- https://vimeo.com/1099613164?p=1s
SOURCE
https://www.jerseyfsc.org/news-and-events/fees-reform-progress-update-and-next-steps/
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As well as owning and publishing Comsure's copyrighted works, Comsure wishes to use the copyright-protected works of others. To do so, Comsure is applying for exemptions in the UK copyright law. There are certain very specific situations where Comsure is permitted to do so without seeking permission from the owner. These exemptions are in the copyright sections of the Copyright, Designs and Patents Act 1988 (as amended)[www.gov.UK/government/publications/copyright-acts-and-related-laws]. Many situations allow for Comsure to apply for exemptions. These include 1] Non-commercial research and private study, 2] Criticism, review and reporting of current events, 3] the copying of works in any medium as long as the use is to illustrate a point. 4] no posting is for commercial purposes [payment]. (for a full list of exemptions, please read here www.gov.uk/guidance/exceptions-to-copyright]. Concerning the exceptions, Comsure will acknowledge the work of the source author by providing a link to the source material. Comsure claims no ownership of non-Comsure content. The non-Comsure articles posted on the Comsure website are deemed important, relevant, and newsworthy to a Comsure audience (e.g. regulated financial services and professional firms [DNFSBs]). Comsure does not wish to take any credit for the publication, and the publication can be read in full in its original form if you click the articles link that always accompanies the news item. Also, Comsure does not seek any payment for highlighting these important articles. If you want any article removed, Comsure will automatically do so on a reasonable request if you email info@comsuregroup.com.