The Guernsey Financial Services Commission has published its 2026 fees update, setting out plans to increase fees for most licensees in line with inflation from 1 January 2026, while reducing annual fees for Private Investment Funds and application fees for Virtual Asset Service Providers. The changes follow a consultation launched on 8 September 2025 and closed on 8 October 2025. The package includes an overall 3.9% increase aligned with Guernsey mid-year RPI, rebasing of Private Investment Fund fees, adjustments to banded fiduciary licence fees, the introduction of banded fees for Prescribed Businesses, and new fees for certain requests requiring Commission approval. A consultation response has been published alongside the update. Revised fees are intended to take effect from 1 January 2026.
Guernsey Financial Services Commission 2025-12-02
Guernsey Financial Services Commission to implement 3.9% inflation-linked 2026 fee rise and reduce PIF and VASP charges
The Guernsey Financial Services Commission announced a 2026 fees update, increasing most licensee fees by 3.9% in line with inflation, effective 1 January 2026. The update includes reduced fees for Private Investment Funds and Virtual Asset Service Providers, and introduces banded fees for Prescribed Businesses. These changes follow a consultation concluded in October 2025.