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  3. Point in time
    2014-04-08

FEES 3 Annex 7 1Fees where changes are made to firms transaction reporting systems and the FCA is asked to check that these systems remain compatible with FCA systems

R

Hourly rate (£)

Method of calculating fee

168.09

The fee is calculated as follows:

(1) Determine the number of hours, or part of an hour, taken by the FCA (or any person acting on behalf of the FCA) to test the fee payers transaction reporting systems for compatibility with the relevant FCA systems.

2) Then multiply the figure in the first column by the number of hours or part hours obtained under (1). The resulting figure is the fee.

(3) The number of hours or part hours referred to in (1) shall be the number of hours or part hours as recorded on the FCA's systems.