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You are viewing the version of the document as on 2023-09-20.

FEES 4A Annex 1R TP persons periodic fees for the period from 1 April 2023 to 31 March 20242

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

14.8364

32

>140 - 630

14.8364

32

>630 – 1,580

14.8364

32

>1,580 – 13,400

18.5454

32

>13,400

24.4794

32

A.2

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

Fee (£/mortgage)

>50

3.1454

32

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

344.204

32

PLUS

Best estimate liabilities for fees purposes (BEL)

General Periodic fee

Band Width (£ million of BEL)

Fee (£/£m of part £m of BEL)

>1

21.704

32

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

238.934

32

PLUS

Best estimate liabilities for fees purposes

General Periodic fee

Band Width (£ million of BEL)

Fee (£/£m or part £m of BEL)

>1

15.8984

32

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

4.9474

32

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

988.254

32

A.102

Band Width (no. of traders)

Fee (£/trader)

>1

8,069.404

32

A.13

For class (2) firms

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

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

>100

2.474

32

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

1.544

32

A.18

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

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

> 100

10.4554

A.19

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

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

>100

1.7274

32

2

2

CC.2

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

Fee (£)

0 - 50

1,0004

2

>50 - 100

1,2504

2

>100

1,5004

2

PLUS:

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

>250

1.6274

32

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

£1,5004 unless it is a TP firm that also pays minimum fees set out in the PRA Rulebook, in which case it is £7504

2332

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

0.3604

23

2

2

G.3

Minimum fee (£)

5583

2

£ thousands or part £ thousand of Relevant Income

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

>100

0.4194

32

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

14.904

23