2026-01-01
Added · Updated
The Financial Services Commission issued the Financial Services (Consolidated Licensing and Fees) (Amendment) Rules 2026 to amend the principal licensing and fee framework under the Financial Services Act. The rules specifically increase the processing fee for certain licenses from US$ 25,000 to USD 26,800 and replace the First, Second, and Third Schedules with updated fee structures for various financial service providers. These amendments establish new processing, fixed annual, and variable annual fees for entities ranging from asset managers and investment dealers to insurers and collective investment schemes. The rules come into operation on 1 July 2026.