Industry given fee rise detail

Thursday 2nd September 2010, 2:00PM BST.

GFSC director-general Nik van Leuven.

GFSC director-general Nik van Leuven.

LICENCE fees for the island’s finance industry are on the rise again.

As expected, the Guernsey Financial Services Commission is proposing an 11% across-industry average increase for 2011 – the second part of a two-year rise in fees announced at the end of 2009.

Details for the rises across the various finance divisions are contained in a consultation paper released by the commission.

Those wishing to comment on the proposals have until the end of this month to submit their responses.

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