On 16 December 2025, we issued a funding paper to Jersey Banks setting out our budget and proposed annual administration levy for 2026 (which will be payable by Jersey Banks). The consultation period for this paper ran to end January 2026.
We received feedback from one Jersey Bank. The feedback, our response and planned next steps are set out in our Feedback Paper.
We will proceed to levy our annual administration levy for 2026 in line with our 2026 Funding Paper and engage further with banks during 2026 to consider how we can adjust our levy allocation methodology going forward.
Further enquiries should be directed to Martin Edwards, Head of the JRA (m.edwards@jra.org.je).
