On 18 December 2023, we issued a funding paper to Jersey Banks setting out our budget and proposed annual administration levy for 2024 (that will be payable by Jersey Banks).

We received feedback from two Jersey Banks.  The feedback, our response and planned next steps are set out in the following feedback paper:  

Feedback on the JRA's 2024 Funding Paper

We will proceed to levy our Annual Administration Levy for 2024 with the total amount and allocation methodology as set out in our 2024 Funding Paper.