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FEES 1.1 Application and Purpose

FEES 1.1.1 G RP
  1. (1)

    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. 30

  2. (2)

    FEES 2 (General Provisions) contains general provisions which may apply to any type of fee payer.30

  3. (3)

    FEES 3 (Application, Notification and Vetting Fees) covers one-off fees payable on a particular event for example:33

    30
    1. (a)

      33various application fees (including those in relation to authorisation, variation of Part 4A permission, registration as a CBTL firm, authorisation of a data reporting services provider,34listing and the Basel Capital Accord); and

    2. (b)

      33fees relating to designated credit reference agencies, designated finance platforms and certain notifications and document vetting requests.

  4. (4)

    FEES 4 (Periodic fees) covers all periodic fees and transaction reporting fees. 30

  5. (4A)

    FEES 4A relates to periodic fees for a TP person (including a supervised run-off firm) and special project fees for a CRO firm.41

  6. (5)

    FEES 5 (Financial Ombudsman Service Funding) relates to FOS levies and case fees (in FEES 5.5B).30

  7. (6)

    FEES 6 (Financial Services Compensation Scheme Funding) relates to the FSCS levy. 30

  8. (7)

    [deleted]43

    30
  9. (8)

    FEES 7A relates to the SFGB levy.37

  10. (9)

    FEES 7B relates to the DA levy.42

  11. (10)

    FEES 7C relates to the TPR SFGB levy.41

  12. (11)

    FEES 7D relates to the TPR DA levy.41

1 51 53 3 53 53 13 52 9
FEES 1.1.1A G RP

15 FEES App 1 Annex 1A 38 applies to all persons required to pay a fee or any other amount to the FCA under the Unauthorised Mutuals Registration Fees Rules, as made by the Fees (Unauthorised Mutual Societies Registration) Instrument 2002 (FSA 2002/4) and amended from time to time. FEES App 1 Annex 5 applies to all persons required to pay a fee for inspecting any document or documents on the Mutuals Register.38

FEES 1.1.1B G RP

23 FEES 9 (Payment System Regulator Funding) relates to PSR fees.

FEES 1.1.1C G RP

[deleted]43

24
FEES 1.1.1D G RP

[deleted]43

25
FEES 1.1.1E G RP

26 FEES 12 (FOS ADR Levy) relates to the FOS ADR levy.

FEES 1.1.1F G

36 FEES Appendix 2 (Office for professional body anti-money laundering supervision fees) applies to the following persons required to pay fees to the FCA:

  1. (1)

    a person applying to become a professional body listed in Schedule 1 to the Money Laundering Regulations; and

  2. (2)

    professional bodies listed in Schedule 1 to the Money Laundering Regulations.

FEES 1.1.1G G

36 FEES Appendix 3 (Fees payable by persons registered under the Money Laundering Regulations) applies to MLR persons registered with the FCA that are not authorised persons.

Application

FEES 1.1.2 R RP

This manual applies in the following way:

  1. (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 R29.

    1050
    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) 3345410

      [deleted]10

    16. (p) 55410

      [deleted]10

    17. (q) 6510

      [deleted]10

    18. (r) 66510

      [deleted]10

    19. (s)

      [deleted]10

      10
  2. (2)

    FEES 1, 2 and 4 apply to:

    1. (a)

      every firm (except an39ICVC39);

      18
    2. (b)

      every authorised fund manager17 of an authorised unit trust or authorised contractual scheme;

      171717
    3. (c)

      every ACD of an ICVC;

    4. (d)

      every person who, under the constitution or founding arrangements of a recognised scheme19, is responsible for the management of the property held for or within the scheme;

      19
    5. (da)

      every UK AIFM of an LTIF4039;28

    6. (e)

      every designated professional body;

    7. (f)

      every recognised body;

    8. (g)

      under the Listing Rules every issuer of shares, depositary receipts and securitised derivatives;

    9. (h)

      under the Listing Rules (LR) 7every sponsor;

      7
    10. (i)

      under the Disclosure Guidance31 and Transparency Rules (DTR)7 every issuer of shares, depositary receipts and securitised derivatives;7

      14
    11. (j)

      every fee-paying payment service provider;12

    12. (k)

      every fee-paying electronic money issuer;1412

      1420
    13. (l)

      14every issuer of a regulated covered bond;20

    14. (m)

      20every 39small registered UK AIFM;22

    15. (n)

      21every AIFM notifying the FCA under regulation 57, 58 and 59 of the AIFMD UK regulation and every AIFM which has made such a notification;35

      22
    16. (o)

      [deleted]35

      22
    17. (p)

      a data reporting services provider39.35

  3. (3)

    FEES 1, 2 and 5 apply to:

    1. (a)

      every firm39, fee-paying payment service provider and fee-paying electronic money issuer12 which is subject to the Compulsory Jurisdiction of the Financial Ombudsman Service; and

      16
    2. (b)

      every other person who is subject to the Compulsory Jurisdiction in relation to relevant complaints.

  4. (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. (5)

    FEES 1, 2, 437A (in relation to the SFGB money advice levy and SFGB debt advice levy only)37 and 7B42 apply to:

    1. (a)

      every person having a Part 4A permission;

    2. (b)

      [deleted]39

    3. (c)

      [deleted]39

    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

  6. (6)

    15FEES App 1 Annex 1A38 applies to every:

    1. (a)

      registered society; or

    2. (b)

      sponsoring body; or

    3. (c)

      person who submits a proposal for the registration of a registered society;

      each as defined in FEES Appendix 1.

  7. (7)

    FEES 7A (in relation to the SFGB pensions guidance levy only) applies to firms referred to in FEES 7A.1.2R.37

39

The application statement at FEES 1.1.2R (3) does not apply to

FEES 5.5A , FEES 5 Annex 2R or FEES 5 Annex 3R.1352

37 42 9
  1. (8)

    FEES 7C (in relation to the TPR SFGB money advice levy and TPR SFGB debt advice levy only) and 7D apply to:41

    1. (a)

      TP firms;41

    2. (b)

      TA EMI firms; 41

    3. (c)

      TA PI firms; and41

    4. (d)

      TA RAISP firms41.

  2. (9)

    FEES 7C (in relation to the TPR FGB pensions guidance levy only) applies to firms referred to in FEES 7C.1.2R.41

FEES 1.1.2B R RP

[deleted]43

29
FEES 1.1.2C R RP

29 FEES 1 and 12 apply to FOS Ltd.

FEES 1.1.3 G RP

The application of FEES 5.5A and FEES 5 Annex 3R is set out in FEES 5.5A.1 R. 1352 The relevant provisions of FEES 5 and FEES 2 are applied to VJ participants by the standard terms (see DISP 4).

FEES 1.1.3A G

[deleted]29

49

Purpose

FEES 1.1.4 G RP

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