ENF 13 Annex 1 Indicative scale of financial penalties for reports no more than 28 business days late (see ENF 13.5)1

ENF 13 Ann 1G01/10/2002

Number of business days late	Annual fees payable by firm
Number of business days late	Note
	£1 to £150	£151 to £500	£501 to £1,000	£1,001 to less than £10,000	£10,000 to less than £20,000	£20,000 to less than £50,000	£50,000 to less than £100,000	£100,000 or greater1 2
22-28	40	100	200	400	800	2000	4000	60002
15-21	30	75	150	300	600	1500	3000	45002
8-14	20	50	100	200	400	1000	2000	30002
1-7	10	25	50	100	200	500	1000	15002
1Note
11. For this purpose, the annual fee payable by the firm is the annual fee for the most recent financial year for which the FSA has fully invoiced the firm before the date on which the relevant report first became late.
12. Where the firm first becomes authorised after 1 December 2001, and at the time the report first becomes late the firm has not previously been fully invoiced by the FSA for an annual fee, the annual fee of the firm will be treated as less than £10,000

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