FEES 1.1 Application and Purpose

FEES 1.1.1G01/06/2010

1 51 FEES applies to all persons required to pay a fee or levy under a provision of the Handbook. The purpose of this chapter is to set out to whom the rules and guidance in FEES apply. FEES 2 (General Provisions) contains general provisions which may apply to any type of fee payer. FEES 3 (Application, Notification and Vetting Fees) covers one-off fees payable on a particular event for example various application fees (including those in relation to authorisation, variation of Part IV permission, listing and the Basel Capital Accord) and fees relating to certain notifications and document vetting requests. FEES 4 (Periodic fees) covers all periodic fees and transaction reporting fees. FEES 5 (Financial Ombudsman Service Funding) relates to FOS levies and case fees and FEES 6 (Financial Services Compensation Scheme Funding) relates to the FSCS levy. FEES 7 relates to the CFEB levy.9

Application

FEES 1.1.2R01/06/2011

This manual applies in the following way:

(1)
FEES 1, 2 and 3 apply to the fee payers listed in column 1 of the Table of application, notification and vetting fees in FEES 3.2.7 R. .10
1. (a)
  [deleted]10
  10
2. (b)
  [deleted]10
  10
3. (c)
  [deleted]10
  10
4. (d)
  [deleted]10
  10
5. (e)
  [deleted]10
6. (f)
  [deleted]10
  10
7. (g)
  [deleted]10
  10
8. (h)
  [deleted]10
  10
9. (i)
  [deleted]10
  10
10. (j)
  [deleted]10
  10
11. (k)
  [deleted]10
  10
12. (l)
  [deleted]10
  10
13. (m)
  [deleted]10
  10
14. (n)
  [deleted]10
  4
15. (o) 3 3 4 5 4 10
  [deleted]10
16. (p) 5 5 4 10
  [deleted]10
17. (q) 6 5 10
  [deleted]10
18. (r) 6 6 5 10
  [deleted]10
19. (s)
  [deleted]10
  10
(2)
FEES 1, 2 and 4 apply to:
1. (a)
  every firm (except ICVC or UCITS qualifier);
2. (b)
  every manager of an authorised unit trust;
3. (c)
  every ACD of an ICVC;
4. (d)
  every person who, under the constitution or founding arrangements of a recognised scheme, is responsible for the management of the property held for or within the scheme;
5. (e)
  every designated professional body;
6. (f)
  every recognised body;
7. (g)
  under the Listing Rules every issuer of shares, depositary receipts and securitised derivatives;
8. (h)
  under the Listing Rules (LR) 7every sponsor;
  7
9. (i)
  under the Disclosure Rules and Transparency Rules (DTR)7 every issuer of shares, depositary receipts and securitised derivatives; and7
10. (j)
  every fee-paying payment service provider;12
11. (k)
  every fee-paying electronic money issuer.12
(3)
FEES 1, 2 and 5 apply to:
1. (a)
  every firm , fee-paying payment service provider and fee-paying electronic money issuer 12 which is subject to the Compulsory Jurisdiction of the Financial Ombudsman Service; and
2. (b)
  every other person who is subject to the Compulsory Jurisdiction in relation to relevant complaints.
(4)
FEES 1, 2 and 6 apply to:
1. (a)
  every participant firm;11
  8
2. (b)
  the FSCS; and
3. (c)
  the Society.
(5)
FEES 1, 2 and 7 apply to:
1. (a)
  every person having a Part IV permission;
2. (b)
  an incoming EEA firm;
3. (c)
  an incoming Treaty firm;
4. (d)
  the Society;12
5. (e)
  every fee-paying payment service provider except the Bank of England, government departments and local authorities;12
6. (f)
  every fee-paying electronic money issuer except the Bank of England, government departments, local authorities, municipal banks and the National Savings Bank.12

FEES 1, 2 and 7 do not apply to an incoming EEA firm or an incoming Treaty firm that has not established a branch in the United Kingdom.9

FEES 1.1.3G01/01/2006

The relevant provisions of FEES 5 and FEES 2 are applied to VJ participants by the standard terms (see DISP 4).

Purpose

FEES 1.1.4G01/01/2006

The purpose of this manual is to set out the fees applying to the persons set out in FEES 1.

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FEES 1.1 Application and Purpose

Application

Purpose