FEES 4 Annex 5 Periodic fees for designated professional bodies: tariff base, valuation date and tariff rates15111617171819

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23Part 1

This table sets out the tariff base and valuation date for the designated professional bodies fee-block. The tariff base and valuation date in this Part is the means by which the FCA calculates the annual periodic fees payable by a designated professional body to the FCA.

Activity group

Fee payer falls in the activity group if:

Tariff base

Valuation date

D.1 Designated professional bodies

It is a designated professional body

Number of exempt professional firms regulated or supervised by a designated professional body

As at 31 December prior to the fee-year

23Part 2

This table sets out the tariff rates applicable to designated professional bodies

Fee payable in relation to 2020/21

Amount payable

Minimum fee, payable by all designated professional bodies

£[tbc]

Variable fee, payable by designated professional bodies where the number of exempt professional firms regulated or supervised by a designated professional body is greater than 1

£[tbc] multiplied by the total number of exempt professional firms in excess of 1

Note20

20The Financial Services Register includes details of exempt professional firms carrying out insurance distribution activity20.

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