FEES 5 Annex 1R 47Annual General Levy Payable in Relation to the Compulsory Jurisdiction for 192012/13191753

R01/06/2012

Introduction: annual budget

1. The annual budget for 2012/1319 17 approved by the FSA is 191.1m19.17

2. The total amount expected to be raised through the general levy in 2012/1319 17 will be £17.7m19 17(net of £1.5m19 to be raised from consumer credit firms).12

Compulsory jurisdiction - general levy16 54

6 9 12 15 17 19 12 15 17 19 16 54 6 9 15 17 19 17 19 19 16 54 6 12

Industry block	Tariff base	General levy payable by firm
1-Deposit acceptors, home finance providers,14 home finance administrators 9 (excluding firms in block 14) and dormant account fund operators 14 3 6 9	Number of accounts relevant to the activities in DISP 2.6.1 R9 as at 31 December In the case of dormant account fund operators, the tariff base is the number of eligible activated accounts (8).14 8 9 17	0.033119 17 15 per relevant account, subject to a minimum levy of 1001 6 9 12 15 17 19
2-Insurers - general (excluding firms in blocks 13 & 15)	Relevant annual gross premium income	0.1019 17 15 per 1,000 of relevant annual gross premium income, subject to a minimum levy of 100 6 9 1 10 15 17 19
3-The Society (of Lloyd's)	Not applicable	20,00019 17 to be allocated by the Society 15 17 19
4. Insurers - life (excluding firms in block 15)	Relevant adjusted annual gross premium income	0.014619 17 per 1,000 of relevant adjusted annual gross premium income, subject to a minimum levy of 1001 6 9 12 15 17 19
5-Fund managers (including those holding client money/assets and not holding client money/assets)	Flat fee12 12	1Levy of 20019 17 6 9 17 19
6-Operators, trustees and depositaries of collective investment schemes and operators of personal pension schemes or stakeholder pension schemes 2	Flat fee	Levy of 5019 17 6 17 19
7-Dealers as principal	Flat fee	Levy of 5019 17 17 19
8-Advisory arrangers, dealers or brokers holding and controlling client money and/or assets	Number of relevant persons approved to perform the customer function (CF30), but excluding those persons solely acting in the capacity of an investment manager or solely advising clients in connection with corporate finance business or performing functions relating to these.	1519 17 per relevant approved person subject to a minimum levy of 3515 1 6 9 12 15 17 19 6 9 12 15
9-Advisory arrangers, dealers or brokers not holding and controlling client money and/or assets	Number of relevant persons approved to perform the customer function (CF30), but excluding those persons solely acting in the capacity of an investment manager or solely advising clients in connection with corporate finance business or performing functions relating to these.	1019 17 per relevant approved person subject to a minimum levy of 3515 9 12 15 17 19 9 15
10-Corporate finance advisers	Flat fee	Levy of 5019 17 17 19
11-fee-paying payment service providers (but excluding firms in any other Industry block13 except Industry block 18)17	For authorised payment institutions, electronic money issuers (except for small electronic money institutions),17 the Post Office Limited, the Bank of England, government departments and local authorities, and EEA authorised payment institutions relevant income as described in FEES 4 Annex 11 Part 313 9 1 6 9 13	0.015319 17 per 1,000 of relevant income subject to a minimum levy of 7515 15 17 19
	For small payment institutions and small electronic money institutions 17a flat fee13 17	Levy of 5019 17 13 17 19 15
12-	N/A for 2012/1319 15 1 6 9 15 19
13-Cash plan health providers	Flat fee	Levy of 5019 17 17 19
14-Credit unions	Flat fee	Levy of 5019 17 17 19
15-Friendly societies whose tax-exempt business represents 95% or more of their total relevant business	Flat fee	Levy of 5019 17 17 19
16-3 Home finance providers, advisers and arrangers 9 (excluding firms in blocks 13, 14 & 15) 3 6 9	Flat fee	Levy of 6019 17 9 12 15 17 19
17 - General insurance mediation (excluding firms in blocks 13, 14 & 15)	Annual income (as defined in MIPRU 4.3) relating to firm's relevant business 12 12	0.36219 17 per 1,000 of annual income (as defined in MIPRU 4.3) relating to firm's relevant business subject to a minimum levy of 8515 9 12 15 17 19 12 15
1718 - fee-paying electronic money issuers	For all fee-paying electronic money issuers except for small electronic money institutions, average outstanding electronic money, as described in FEES 4 Annex 11 Part 3.18 18 19	0.0466 per 1,000 of average outstanding electronic money subject to a minimum levy of 7519 18 18 19
1718 - fee-paying electronic money issuers	For small electronic money institutions, a flat fee	5019 19

Notes11

4	[not used]
5	The industry blocks in the table are based on the equivalent activity groups set out in Part 1 of FEES 4 Annex 1 and Part 2 and Part 2A of FEES 4 Annex 1117.
6	Where the tariff base in the table is defined in similar terms as that for the equivalent activity group in Part 2 of FEES 4 Annex 1 or Part 3 of FEES 4 Annex 1117, it must be calculated in the same way as that tariff base - taking into account only the firm's relevant business.
117	[deleted]17 17
148	Eligible activated accounts are the number of repayment claims met by the dormant account fund operator as at the 31 December.

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FEES 5 Annex 1R 47Annual General Levy Payable in Relation to the Compulsory Jurisdiction for 192012/13191753