FEES 4 Annex 2 1 3Fee tariff rates, permitted deductions and EEA/Treaty firm modifications for the period from 1 April 2008 to 31 March 2009

01/06/2008

Part 1

This table shows the tariff rates applicable to each fee block

4(1)	For each activity group specified in the table below, the fee is the total of the sums payable for each of the tariff bands applicable to the firm's business, calculated as follows:
	(a)	the relevant minimum fee; plus
	(b)	an additional fee calculated by multiplying the firm's tariff base by the appropriate rates applying to each tranche of the tariff base, as indicated.
(2)	A firm may apply the relevant tariff bases and rates to non-UK business, as well as to its UK business, if:
	(a)	it has reasonable grounds for believing that the costs of identifying the firm's UK business separately from its non-UK business in the way described in Part 2 of FEES 4 Annex 1 are disproportionate to the difference in fees payable; and
	(b)	it notifies the FSA in writing at the same time as it provides the information concerned under FEES 4.4 (Information on which fees are calculated), or, if earlier, at the time it pays the fees concerned.
(3)	For a firm which has not complied with FEES 4.4.2 R (Information on which fees are calculated) for this period:
	(a)	the fee is calculated using (where relevant) the valuation or valuations of business applicable to the previous period, multiplied by the factor of 1.10;
	(b)	an additional administrative fee of £250 is payable; and
	(c)	the minimum total fee (including the administrative fee in (b)) is £430.6 6
Activity group	Fee payable
A.1	Minimum fee (£)	£1606 6
	million of Modified Eligible Liabilities (MELs)	Fee (/m or part m of MELS)
	0 - 0.5	0
	>0.5 - 2	additional flat fee of 3806 6
	>2 -10	additional flat fee of 5306 6
	>10 - 200	24.726 6
	>200 - 2,000	24.696 6
	>2,000 - 10,000	24.616 6
	>10,000 - 20,000	24.436 6
	>20,000	24.266 6
	For a firm in A.1 which has a limitation on its permission to the effect that it may accept deposits from wholesale depositors only, the fee is calculated as above less 30%.
A.2	Minimum fee ()	5256 6
	No. of mortgages	Fee (/mortgage)
	0 - 50	0
	51 - 500	4.926 6
	501 - 1,000	1.986 6
	1,001 - 50,000	1.486 6
	50,001 - 500,000	0.516 6
	>500,000	0.116 6
A.3	Gross premium income (GPI)
	Minimum fee ()	4306 6
	million of GPI	Fee (/m or part m of GPI)
	0 - 0.5	0
	>0.5 - 2	2,134.956 6
	>2 - 5	1,983.756 6
	>5 - 20	1,860.846 6
	>20 - 75	592.396 6
	>75 - 150	519.316 6
	>150	73.206 6
	PLUS
	Gross technical liabilities (GTL)
	Minimum fee ()	0
	million of GTL	Fee (/m or part m of GTL)
	0 - 1	0
	>1 - 5	51.036 6
	>5 - 50	47.306 6
	>50 - 100	43.896 6
	>100 - 1,000	13.836 6
	>1,000	5.546 6
	For UK ISPV's the tariff rates are not relevant and a flat fee of 4306is payable in respect of the period 1 April 2008 to 31 March 2009.6 6 6
A.4	Adjusted annual gross premium income (AGPI)
	Minimum fee ()	2156 6
	million of AGPI	Fee (/m or part m of AGPI)
	0 - 1	0
	>1 - 50	637.876 6
	>50 - 1,000	594.676 6
	>1,000 - 2,000	408.206 6
	>2,000	280.266 6
	PLUS
	Mathematical reserves (MR)
	Minimum fee ()	2156 6
	million of MR	Fee (/m or part m of MR)
	0 - 1	0
	>1 - 10	33.556 6
	>10 - 100	30.716 6
	>100 - 1,000	20.796 6
	>1,000 - 5,000	14.636 6
	>5,000 - 15,000	11.366 6
	>15,000	8.836 6
	For UK ISPV's the tariff rates are not relevant and a flat fee of 4306is payable in respect of the period 1 April 2008 6to 31 March 2009.6 6 6 6
A.5	Minimum fee ()	5806 6
	million of Active Capacity (AC)	Fee (/m or part m of AC)
	0 - 50	0
	>50 - 150	114.916 6
	>150 - 250	96.716 6
	>250	28.376 6
A.6	Flat Fee ()6	1,284,7256 6
A.7	For class 1(C), (2) and (3) firms:
	Minimum fee ()	1,2106 6
	million of Funds under Management (FuM)	Fee (/m or part m of FuM)
	0 - 10	0
	>10 - 100	50.286 6
	>100 - 2,500	16.176 6
	>2,500 - 10,000	9.006 6
	>10,000	1.026 6
	For class 1(B) firms: the fee calculated as for class 1(C) firms above, less 15%. For class 1(A) firms: the fee calculated as for class 1(C) firms above, less 50%.
A.8	This activity group does not apply for this period.
A.9	Minimum fee ()	1,8906 6
	million of Gross Income (GI)	Fee (/m or part m of GI)
	0 - 1	0
	>1 - 5	842.836 6
	>5 - 15	828.576 6
	>15 - 40	820.366 6
	>40	809.186 6
A.10	Minimum fee ()	2,3106 6
	No. of traders	Fee (/trader)
	0 - 2	0
	3 - 5	2,564.006 6
	6 - 10	1,852.006 6
	11 - 50	1,712.006 6
	51 - 200	1,482.006 6
	>200	1,196.006 6
A.11	This activity group does not apply for this period.
A.12	Minimum fee ()	1,9606 6
	No. of persons	Fee (/person)
	0 - 1	0
	2 - 4	1,125.006 6
	5 - 10	570.006 6
	11 - 25	418.006 6
	26 - 150	221.00
	151 - 1,500	167.00
	>1,500	112.00
	For a professional firm in A.12 the fee is calculated as above less 10%.
A.13	For class (2) firms:
	Minimum fee ()	1,8506 6
	No. of persons	Fee (/person)
	0 - 1	0
	2 - 4	1,002.006 6
	5 - 10	978.006 6
	11 - 25	939.006 6
	26 - 500	835.00
	501 - 4,000	767.00
	>4000	724.00
	For class (1) firms: 1,8506 For a professional firm in A.13 the fee is calculated as above less 10%. 6
A.14	Minimum fee ()	1,335.006 6
	No. of persons	Fee (/person)
	0 - 1	0
	2	1,258.006 6
	3 - 4	1,194.006 6
	5 - 10	1,098.006 6
	11 - 100	1,042.006 6
	101 - 200	729.006 6
	>200	438.006 6
A.15	This activity group does not apply for this period.
A.16	This activity group does not apply for this period.6 6
A.17	This activity group does not apply for this period.
A.18	Minimum fee ()	7456 6
	thousands of Annual Income (AI)	Fee (/ thousand or part thousand of AI)
	0 - 100	0
	>100 - 1,000	5.186 6
	>1,000 - 5,000	4.336 6
	>5,000 - 10,000	3.466 6
	>10,000 - 20,000	2.606 6
	>20,000	2.186 6
A.19	Minimum fee ()	4506 6
	thousands of Annual Income (AI)	Fee (/ thousand or part thousand of AI)
	0 - 100	0
	>100 - 1,000	4.316 6
	>1,000 - 5,000	3.776 6
	>5,000 - 15,000	2.606 6
	>15,000 - 100,000	1.046 6
	>100,000	0.426 6
B. Market operators	20,000
B. Service companies	Bloomberg LP	37,0006 6
	EMX Co Ltd	27,0006 6
	LIFFE Services Ltd	27,0006 6
	[row deleted]6 6	6
	OMGEO Ltd	27,0006 6
	Reuters Ltd	37,0006 6
	Swapswire Ltd	27,0006 6
	Thomson Financial Ltd	27,0006 6

Part 2

This table shows the permitted deductions that apply

4Activity group	Nature of deduction	Amount of deduction
A.1	Financial penalties received	1.4%6 of the fee payable by the firm for the activity group (see Part 1) 6
A.2	Financial penalties received	1.4%6 of the fee payable by the firm for the activity group (see Part 1) 6
A.3	Financial penalties received	1.4%6 of the fee payable by the firm for the activity group (see Part 1) 6
A.4	Financial penalties received	1.4%6 of the fee payable by the firm for the activity group (see Part 1) 6
A.5	Financial penalties received	1.4%6 of the fee payable by the firm for the activity group (see Part 1) 6
A.6	Financial penalties received	1.4%6 of the fee payable by the firm for the activity group (see Part 1) 6
A.7	Financial penalties received	1.4%6 of the fee payable by the firm for the activity group (see Part 1) 6
A.9	Financial penalties received	1.4%6 of the fee payable by the firm for the activity group (see Part 1) 6
A.10	Financial penalties received	1.4%6 of the fee payable by the firm for the activity group (see Part 1) 6
A.12	Financial penalties received	1.4%6 of the fee payable by the firm for then activity group (see Part 1) 6
A.13	Financial penalties received	1.4%6 of the fee payable by the firm for the activity group (see Part 1) 6
A.14	Financial penalties received	1.4%6 of the fee payable by the firm for the activity group (see Part 1) 6
A.18	Financial penalties received	1.4%6 of the fee payable by the firm for the activity group (see Part 1) 6
A.19	Financial penalties received	1.4%6 of the fee payable by the firm for the activity group (see Part 1) 6

Part 33
This table shows the modifications to fee tariffs that apply to incoming EEA firms and incoming Treaty firmswhich have established branches in the UK5.
Activity group	Percentage deducted from the tariff payable under Part 1 applicable to the firm	Minimum amount payable
A.1	80% 5	100 5
A.1	A.3	100%	nil
A.4	25%	100
A.7	5%	100
A.9	5%	100
A.10	10%	100
A.12	10%	100
A.13	10%	100
A.19	10%	100
The modifications to fee tariffs payable by an incoming EEA firm or an incoming Treaty firm which has established a branch in the UK 5apply only in relation to the relevant regulated activities of the firm which are passported activities or Treaty activities and which are carried on in the UK.

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FEES 4 Annex 2 1 3Fee tariff rates, permitted deductions and EEA/Treaty firm modifications for the period from 1 April 2008 to 31 March 2009