Regulatory Alerts2026-08-28
Added
Draft Financial and Corporate Service Providers (Fees) Rules, 2026
This draft document, out for public consultation, proposes new Financial and Corporate Service Providers (Fees) Rules, 2026, which would replace the 2024 rules (S.I. No. 109 of 2024). The draft rules revise the fee structure for financial and corporate service providers licensed under the Financial and Corporate Service Providers Act, 2020, by increasing certain application and annual fees and introducing new administrative fees for specific regulatory applications and approvals. An activity fee of one percent of the principal amount of new loans or loan increases would also be introduced for licensees providing money lending, payday and cash advance, or credit extension services, payable quarterly. The consultation period for these rules, which are slated to come into operation on January 1, 2027, concludes on September 25, 2026.
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