[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-0-en-105":3,"doc-seo-500111-105":59,"doc-detail-500111-en":130},{"code":4,"msg":5,"data":6},0,"success",[7,13,18,23,28,33,38,43,48,51,55],{"id":8,"doc_module":4,"doc_module_name":9,"category_name":10,"show_sort_weight":11,"slug":12},1,"Document","Story & Novel",90,"story-novel",{"id":14,"doc_module":4,"doc_module_name":9,"category_name":15,"show_sort_weight":16,"slug":17},2,"Literature",80,"literature",{"id":19,"doc_module":4,"doc_module_name":9,"category_name":20,"show_sort_weight":21,"slug":22},4,"Exam",70,"exam",{"id":24,"doc_module":4,"doc_module_name":9,"category_name":25,"show_sort_weight":26,"slug":27},5,"Comic",60,"comic",{"id":29,"doc_module":4,"doc_module_name":9,"category_name":30,"show_sort_weight":31,"slug":32},6,"Technology",50,"technology",{"id":34,"doc_module":4,"doc_module_name":9,"category_name":35,"show_sort_weight":36,"slug":37},7,"Healthcare",40,"healthcare",{"id":39,"doc_module":4,"doc_module_name":9,"category_name":40,"show_sort_weight":41,"slug":42},8,"Research & Report",30,"research-report",{"id":44,"doc_module":4,"doc_module_name":9,"category_name":45,"show_sort_weight":46,"slug":47},9,"Religion & Spirituality",20,"religion-spirituality",{"id":46,"doc_module":4,"doc_module_name":9,"category_name":49,"show_sort_weight":46,"slug":50},"World Cup","world-cup",{"id":52,"doc_module":4,"doc_module_name":9,"category_name":53,"show_sort_weight":52,"slug":54},10,"Lifestyle","lifestyle",{"id":56,"doc_module":4,"doc_module_name":9,"category_name":57,"show_sort_weight":24,"slug":58},19,"General","general",{"code":4,"msg":60,"data":61},"ok",{"site_id":62,"language":63,"slug":64,"title":65,"keywords":66,"description":67,"schema_data":68,"social_meta":123,"head_meta":125,"extra_data":127,"updated_unix":129},105,"en","financial-services-fees-amendment-regulations-2023","Financial Services (Fees) (Amendment) Regulations, 2023","","Financial Services (Fees) (Amendment) Regulations, 2023 set out legal amendments to update how fees under the Financial Services Commission Act and related provisions apply. The Regulations provide for citation and commencement, including an effective date of 1 April 2023 and a delayed start for a specific Schedule item tied to the Virtual Assets Service Providers Act. They replace the existing Schedule in the Revised Edition 2020 and specify fee ranges (in US$) for administrative costs, applications, approvals, renewals, exemptions, and matters involving complex or extraordinary business.",{"@graph":69,"@context":122},[70,84,105],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":40,"@type":76,"position":81},"https://docshare.wps.com/document/research-report/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/financial-services-fees-amendment-regulations-2023/500111/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/financial-services-fees-amendment-regulations-2023/500111.png","ImageObject",300,407,{"name":92,"@type":93},"asba","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-10-11","2026-10-03",true,{"@type":102,"interactionType":103,"userInteractionCount":29},"InteractionCounter",{"@type":104},"ViewAction",{"@type":106,"mainEntity":107},"FAQPage",[108,114,118],{"name":109,"@type":110,"acceptedAnswer":111},"When do the Financial Services (Fees) (Amendment) Regulations, 2023 come into force?","Question",{"text":112,"@type":113},"The Regulations come into force on 1 April 2023, except that Item No. (xi) of the Schedule comes into force when the Virtual Assets Service Providers Act, No. 17 of 2022 becomes operational.","Answer",{"name":115,"@type":110,"acceptedAnswer":116},"What does Regulation 2 change?",{"text":117,"@type":113},"Regulation 2 revokes and substitutes the Schedule to the Financial Services (Fees) Regulations, Revised Edition 2020 with a new Schedule.",{"name":119,"@type":110,"acceptedAnswer":120},"What kinds of fees are listed in the substituted Schedule?",{"text":121,"@type":113},"The Schedule lists fees for administrative work by the Commission, processing applications and complex matters, approvals and renewals for compliance functions, and exemptions or variations related to licences, regulatory requirements, and specific financial services provisions.","https://schema.org",{"og:url":83,"og:type":124,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":126,"canonical":83},"index,follow",{"doc_id":128,"site_id":62},500111,1791368285,{"code":4,"msg":5,"data":131},{"doc_id":128,"user_id":132,"nickname":92,"user_avatar":133,"doc_module":4,"category_id":39,"category_name":40,"doc_title":65,"doc_description":67,"doc_content":134,"file_id":135,"file_url":136,"file_type":137,"file_size":138,"view_count":29,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":139,"language":140,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":141,"faqs":142,"seo_title":143,"seo_description":67,"update_tm":144,"read_time":145},3985747872567,"https://ap-avatar.wpscdn.com/davatar_276721f389ce27ea32af1340a28f341c","VIRGIN ISANDS  \nFINANCIAL SERVICES (FEES) (AMENDMENT) REGULATIONS, 2023  \nARRANGEMENT OF REGULATIONS  \nRegulation  \n1   Citation and commencement  \n2   Schedule substituted  \nVIRGIN ISLANDS  \nSTATUTORY INSTRUMENT 2023 NO. 5  \nFINANCIAL SERVICES COMMISSION ACT  \n(REVISED EDITION 2020)  \nFinancial Services (Fees) (Amendment) Regulations, 2023  \n[Gazetted 25th January, 2023]  \nThe Cabinet, acting on the advice of the Financial Services Commission and in exercise of the powers conferred by section 62 of the Financial Services Commission Act, Revised Edition 2020, makes these Regulations.  \nCitation and commencement  \n1. (1) These Regulations may be cited as the Financial Services (Fees) (Amendment) Regulations, 2023.  \n(2) Subject to subregulation (3), these Regulations shall come into force on the 1st day of April, 2023.  \n(3) Item No. (xi) of the Schedule shall come into force on the date that the Virtual Assets Service Providers Act, No. 17 of 2022 comes into operation.  \nSchedule substituted  \n2. The Schedule to the Financial Services (Fees) Regulations, Revised Edition 2020, is revoked and substituted with the following  \n“SCHEDULE  \n(Regulation 2)  \n\n| Item\u003Cbr>No. | Enactment | Section of\u003Cbr>Enactment | Nature of Fee | Fee\u003Cbr>(US$) |\n| --- | --- | --- | --- | --- |\n|  | Financial Services Commission Act, Revised Edition, 2020 | 18(2) | (a) Any cost associated with performing administrative work by the Commission in relation to a licensee or other person, for which a fee is not specifically provided\u003Cbr>(b) Any cost (in addition to any application and approval fees, where provided) associated with\u003Cbr>(i) expediting the processing of an application or other matter from a licensee or other person with regard to any issue connected to a financial services business or related matter | 100 to\u003Cbr>3,000\u003Cbr>3,000 to 15,000 |\n\n(a) Financial Services Commission Act and Subsidiary Legislation made thereunder  \n\n|  |  |  | (ii) the processing of any matter (including an application under a financial services legislation) that, in the Commission’s assessment, involves complex or extraordinary business or requires expending more time and resources than is normally the case\u003Cbr>[The costs are to be assessed and applied by the Commission] | 3,000\u003Cbr>15,000 | to |\n| --- | --- | --- | --- | --- | --- |\n|  |  | 34(3) | (a) Application for approval of Commission of the appointment by a licensee ofa compliance officer\u003Cbr>(b) Approval of Commission for licensee’s appointment of a compliance officer | 300\u003Cbr>600 |  |\n|  |  | 34A(2) | (a) Application for approval of a body corporate to provide compliance function services for and on behalf of a licensee\u003Cbr>(b) Approval of Commission for a body corporate to provide compliance function services for and on behalf of a licensee\u003Cbr>(c) Annual renewal of approval for a body corporate to provide compliance function services for and on behalf of a licensee | 600\u003Cbr>2,400\u003Cbr>2,400 |  |\n|  |  | 40B(5) | Application for the revocation or variation of a condition of a licence or approval | 600 |  |\n|  |  | 40C(1) | Exemption from\u003Cbr>(a) requirement to obtain a licence under a regulatory legislation (except where statutorily exempted)\u003Cbr>(b) any other requirement under this Act or a financial services legislation | 1,200\u003Cbr>600 |  |\n|  |  | 40C (2) | Application\u003Cbr>(a) to disapply a provision of the Regulatory Code toa licensee\u003Cbr>(b) to modify the application of a provision of the Regulatory Code to a licensee\u003Cbr>Approval\u003Cbr>(a) to disapply a provision of the Regulatory Code toa licensee\u003Cbr>(b) to modify the application of a provision of the Regulatory Code to a licensee | 600\u003Cbr>600\u003Cbr>1,200\u003Cbr>1,200 |  |\n| (ii) | Financial | Schedule 4, | Application for exemption from the requirement to | 1,800 |  |\n|  | Services | paragraph 1 | obtain a separate licence under the Securities and |  |  |\n|  | (Miscellaneous | (1) | Investment Business Act |  |  |\n\n\n|  | Exemptions) Regulations,\u003Cbr>Revised Edition 2020 | Schedul","cbCaivJsu6VT6ekV","https://ap.wps.com/l/cbCaivJsu6VT6ekV","pdf",608959,31,"English","# Regulation 1: Citation and commencement\n## Schedule item commencement linked to Virtual Assets Service Providers Act\n# Regulation 2: Schedule substituted","[{\"question\":\"When do the Financial Services (Fees) (Amendment) Regulations, 2023 come into force?\",\"answer\":\"The Regulations come into force on 1 April 2023, except that Item No. (xi) of the Schedule comes into force when the Virtual Assets Service Providers Act, No. 17 of 2022 becomes operational.\"},{\"question\":\"What does Regulation 2 change?\",\"answer\":\"Regulation 2 revokes and substitutes the Schedule to the Financial Services (Fees) Regulations, Revised Edition 2020 with a new Schedule.\"},{\"question\":\"What kinds of fees are listed in the substituted Schedule?\",\"answer\":\"The Schedule lists fees for administrative work by the Commission, processing applications and complex matters, approvals and renewals for compliance functions, and exemptions or variations related to licences, regulatory requirements, and specific financial services provisions.\"}]","Financial Services (Fees) (Amendment) Regulations, 2023 | PDF",1791008743,78]