Regulatory Alerts2022-11-11
FAQ on Annual Fees
The Guernsey Financial Services Commission issued this guidance to clarify annual fee liabilities for firms licensed or registered as of 1 January 2023. It specifies that surrender requests must be validly submitted by 30 December 2022 to avoid fees, with invoices distributed via email on 3 January 2023. Firms are required to pay the full amount in GBP by 31 January 2023 to avoid late payment penalties.
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