Reset to Today

To access the FCA Handbook Archive choose a date between 1 January 2001 and 31 December 2004.

Content Options:

Add to favourites

View Options:

More Resources:

External link Handbook Publications

You are viewing the version of the document as on 2023-02-01.

Timeline guidance

Alternative versions

  3. Point in time
    2023-02-01

FEES 4A Annex 1R 2TP persons periodic fees for the period from 1 April 2022 to 31 March 2023

R

1Part 1

Activity group

Fee payable

A.1

Band Width (£ million of Modified Eligible Liabilities (MELs))

Fee (£/£m or part £m of MELs)

General Periodic fee

>10 - 140

14.5263

2

>140 - 630

14.5263

2

>630 – 1,580

14.5263

2

>1,580 – 13,400

18.1583

2

>13,400

23.9683

2

A.2

Band Width (no. of mortgages and/or home finance transactions)

Fee (£/mortgage)

>50

2.8773

2

A.3

Gross written premium for fees purposes (GWP)

Periodic fee

Band Width (£ million of GWP)

Fee (£/£m or part £m of GWP)

>0.5

351.763

2

PLUS

Best estimate liabilities for fees purposes (BEL)

General Periodic fee

Band Width (£ million of BEL)

Fee (£/£m of part £m of BEL)

>1

19.173

2

A.4

Gross written premium for fees purposes (GWP)

General Periodic fee

Band Width (£ million of GWP)

Fee (£/£m or part £m of GWP)

>1

220.783

2

PLUS

Best estimate liabilities for fees purposes

General Periodic fee

Band Width (£ million of BEL)

Fee (£/£m or part £m of BEL)

>1

12.553

2

A.7

For class 1(C), (2), (3) and (4) firms:

Band Width (£ million of Funds under Management (FuM))

Fee (£/£m of part £m of FuM)

>10

4.3533

2

Class 1 (C) firms are defined in FEES 4 Annex 1A

A.9

Band Width (£ million of Gross Income (GI))

Fee (£/£m of part £m of GI)

>1

937.333

2

A.102

Band Width (no. of traders)

Fee (£/trader)

>1

6,917.743

2

A.13

For class (2) firms

Band Width (£ thousands of annual income (AI))

Fee (£/£ thousand or part £ thousand of AI)

>100

2.4943

2

For a professional firm in A.13 the fee is calculated as above less 10%.

A.14

Band Width (£ thousands of annual income (AI))

Fee (£/£ thousand or part £ thousand of AI)

> 100

1.4143

2

A.18

Band Width (£ thousands of annual income (AI))

Fee (£/£ thousand or part £ thousand of AI)

> 100

[tbc]

A.19

Band Width (£ thousands of Annual Income (AI))

Fee (£/£ thousand or part £ thousand of AI)

>100

1.6933

2

2

2

CC.2

Band Width (£ thousands of annual income (AI))

Fee (£)

0 - 50

7502

>50 - 100

1,0002

>100

1,1512

PLUS:

Fee (£/£ thousand or part £ thousand of AI)

>250

1.4953

2

Part 2

The table below shows the tariff rates (minimum fees) applicable to each of the fee blocks set out in Part 1 of FEES 4A Annex 1R other than fee-block CC2.

Activity group

Fee payable

A.0

£1,7503 unless it is a TP firm that also pays minimum fees set out in the PRA Rulebook, in which case it is £8753

22

Part 3

TA PI firm or TA RAISP firm

Activity group

Fee payable

G.2

Minimum fee (£)

5583

2

£ million or part £ million of Modified Eligible Liabilities (MELs)

Fee (£/£m or part £m of MELs)

>0.1

0.3403

2

2

2

G.3

Minimum fee (£)

5583

2

£ thousands or part £ thousand of Relevant Income

Fee (£/£thousand or part £ thousand of Relevant Income)

>100

0.4543

2

Part 4

TA EMI firm

Activity group

Fee payable

G.10

Minimum fee (£)

1,8333

£ million or part £ million of average outstanding electronic money (AOEM)

Fee (£/£m or part £m of AOEM)

>5.0

12.803

2