The GFSC is consulting on an increase in fees for 2022
The GFSC have launched their consultation paper on proposals for increasing the license fees paid by firms. The consultation will end of 8 September. The consultation is available here.
The changes to fees proposed by the consultation are:
- 10.1% overall fee increase across all sectors
- A restructuring fee for the investment sector
- Creating a cap for pension scheme fees
- Changes arising from the update to most of the sectors’ laws following the Revision of Laws project
A link to the source article can be found here.
