Annual Report 2012 - the Jersey Financial Services Commission

Notes to the financial statements for the year ended31 December 20124. Income 2012 2011£ooo£oooa) Regulatory feesBanking 1,328 1,303Funds 4,041 3,428Insurance companies 759 784General insurance mediation 98 95Investment business 1,239 1,288Trust companies 2,492 2,528Designated non-financial businesses and professions 498 497Recognised auditors 23 20Money services business 9 1010,487 9,953b) Registry feesRegistry fees comprise income derived from the operation of the Companies Registry, the Business NamesRegistry, the Registry of Limited Partnerships and the Registry of Limited Liability Partnerships.Registry fees include annual return fees.The amount of the annual return fee payable to the Registry comprises two elements - an amount (£35)payable to the Registry to cover its administration costs and an additional amount (£115) set by, collectedon behalf of, and payable to, the States of Jersey. The number of annual returns received during the yearwas 32,047 (2011 - 31,919).2012 2011£ooo£oooTotal annual return fee income 4,807 4,788Less collected on behalf of, and payable to, the States of Jersey 3,685 3,671Retained by the Registry 1,122 1,117Other Registry income 1,387 1,380Total Registry income 2,509 2,497c) Regulatory fees received in advance 2012 2011£ooo£oooBanking 1,377 1,354Funds 2,169 1,483Insurance companies 534 554General insurance mediation - 10Investment business 406 420Trust companies 45 -Designated non-financial businesses and professions - 2Money services business - 24,531 3,82538 | ANNUAL REPORT 2012