Revised Laws of Saint Lucia (2021)

Schedule 1

(Sections 7(1), 8(5), 9(1), 36(1), 38(2))

FEES FOR LICENSED FINANCIAL INSTITUTION

DescriptionNon Refundable Application FeeInitial Licence FeeAnnual Licence Fee
Foreign Financial Institution$20,000$120,000$120,000
Local Licensed Financial Institution$20,000$80,000$80,000
Licensed Financial
Holding Company –
Foreign
$20,000$60,000$60,000
Licensed Financial
Holding Company –
Local
$20,000$40,000$40,000
Establishment of Branch –
Local Licensed
Financial Institution
$20,000
Establishment of Additional Branch –
Foreign Financial
Institution
$30,000