Fees for TISE Guernsey

Summary

The request sought the fees paid by the Isle of Man Treasury to Clifford Chance LLP for a September 2021 sustainability bond issue on TISE. The Treasury disclosed the total professional service fees, providing amounts both excluding and including VAT.

Key Facts

• The fees were paid to Clifford Chance LLP for professional services relating to a sustainable bond issue.
• The bond issue took place on TISE in September 2021.
• The total fee excluding VAT was £169,549.86.
• The total fee including VAT was £203,459.83.
• The request was received on 3 March 2022 and responded to on 9 March 2022.

Data Disclosed

• £169,549.86
• £203,459.83
• September 2021
• 3 March 2022
• 9 March 2022
• 2306897

Original Request

What amount in fees were paid by the IOM Treasury/Govt to Clifford Chance LLP in connection with the sustainability bond issue on TISE in September 2021?