FEES 4 Annex 5 Periodic fees for designated professional bodies: tariff base, valuation date and tariff rates15111617171819
24Part 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 |
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 |
24Part 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 |
£10,00023 |
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 |
£15.86 23 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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