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JFSC Industry update - Independent Review – JFSC funding model and fees [06 February 2024]


The JFSC has appointed KPMG to advise it on its funding model and structure.

KPMG will look at both regulatory and registry fees, focusing on:

  1. Jurisdictional comparison.
  2. Elasticity of fee levels.
  3. Sector views on fee structure.
  4. Market trends, including future consolidation/ growth/ decline expectations.

KPMG will consult with trade body heads to identify industry representatives to attend their independent workshops in late February/early March.

The output of this work will feed into and help shape the next three-year JFSC strategic plan.

The JFSC says it anticipates high industry interest and encourages those who wish to participate to contact their industry body directly.

Source [06 February 2024]


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