Both open and closed-ended funds must pay application and annual fees to the GFSC.
According to the GFSC’s the main current fees, which can be found here, are set out below but are subject to review:
|Category||Application (one-off fee)||Annual|
|Licensee – Designated person of an authorised or registered Fund||£2,210||£3,162|
|Licensee – Principal Manager or Manager of an authorised or registered Fund||£2,210||£1,581|
|Open Ended Fund||£3,269||£3,269|
|New Class of Umbrella||£687||£211|
|Closed Ended Fund||£3,269||£3,269|