FEES 5 Annex 1R 47 19 46 175324 25 25 27 29 30 34Annual General Levy Payable in Relation to the Compulsory Jurisdiction for 2020/2138

R01/01/2021

Introduction: annual budget

1. The annual budget for 17 2020/21 38 approved by the FCA 24 is £296.7m38.17

2. The total amount expected to be raised through the general levy in 172020/21 38 will be £83.9m38. 17

Compulsory jurisdiction - general levy16 54

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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	£0.15476 38 17 15 per relevant account, subject to a minimum levy of £211001 6 9 12 15 17 19 19 21 24 24 25 25 27 29 33 37
2-Insurers - general (excluding firms in blocks 13 & 15)	Gross written premium for fees purposes (GWP) as defined in FEES 4 Annex 1AR; or31 Relevant gross written premium (RGWP) notified to the FCA under FEES 5.4.1R(1A)31	£0.3017 38 17 15 per £211,000 of GWP or RGWP31, subject to a minimum levy of £2110033 6 9 1 10 15 17 19 19 21 24 25 25 27 29 31 33 37 31
3-The Society (of Lloyd's)	Not applicable	£78,130 38 17 to be allocated by the Society 15 17 19 19 21 21 37
4. Insurers - life (excluding firms in block 15)	Gross written premium for fees purposes (GWP) as defined in FEES 4 Annex 1AR; or31 Relevant gross written premium (RGWP) notified to the FCA under FEES 5.4.1R(1A)31	17 25£0.0355 38 per £211,000 of GWP or RGWP31, subject to a minimum levy of £13033 1 6 9 12 15 17 19 19 21 24 24 25 25 27 31 33 37 21 31 21
5. Portfolio managers22 (including those holding client money/assets and not holding client money/assets) 22	Flat fee12 12	1Levy of £21037 17 6 9 17 19 19 21 24 24 29
6. Managers and depositaries of investment funds, and operators of collective investment schemes or pension schemes22 2 22	Flat fee	Levy of £6024 17 6 17 19 19 21 24
7-Dealers as principal	Flat fee	Levy of £7521 17 17 19 19 21
8-Advisors,20 arrangers, dealers or brokers holding and controlling client money and/or assets 20	Annual income as defined in FEES 4 Annex 11A relating to firm’s relevant business.20 20	17 1 20£0.242 38 per £1,000 of annual income subject to a minimum fee of £4521 6 9 12 15 17 19 6 9 12 15 20 21 24 24 25 25 29 33 37
9-Advisors,20 arrangers, dealers or brokers not holding and controlling client money and/or assets 20	Annual income as defined in FEES 4 Annex 11A relating to firm's relevant business.20 20	17£0.129 38 per £1,000 of annual income subject to a minimum fee of £4521 9 12 15 17 19 19 9 15 20 20 21 24 24 25 25 29 33 37
10-Corporate finance advisers	Flat fee	Levy of £5521 17 17 19 19 21
11-fee-paying payment service providers (but excluding firms in any other Industry block13 except Industry block 18)17	For authorised payment institutions, registered account information service providers, 30 electronic money issuers (except for small electronic money institutions),17 the Post Office Limited, the Bank of England, government departments and local authorities, TA EMI firms, TA PI firms and TA RAISP firms,36 35relevant income as described in FEES 4 Annex 11 Part 313 9 1 6 9 13	£0.0016 38 17 per £211,000 of relevant income subject to a minimum levy of £217515 15 17 19 19 21 24 24 33
	For small payment institutions and small electronic money institutions 17a flat fee13 17	Levy of £3521 17 13 17 19 19 21 15
29	29 6 9 15 19 19 21 24 24 25 25 27 15 1
13-Cash plan health providers	Flat fee	Levy of £6521 17 17 19 19
14-Credit unions	Flat fee	Levy of £5521 17 17 19 19 21
15-Friendly societies whose tax-exempt business represents 95% or more of their total relevant business	Flat fee	Levy of £6521 17 17 19 19 21
16-3 Home finance providers, advisers and arrangers 9 (excluding firms in blocks 13, 14 & 15) 3 6 9	Flat fee	Levy of £8537 17 9 12 15 17 19 19 21 24 24
17 - General insurance distribution32 (excluding firms in blocks 13, 14 & 15)	Annual income (as defined in MIPRU 4.3) relating to firm's relevant business 12 12	17 25£0.642 38 per £211,000 of annual income (as defined in MIPRU 4.3) relating to firm's relevant business subject to a minimum levy of £10021 9 12 15 17 19 19 21 24 24 25 25 27 29 33 37 12 15 15 21
1718 - fee-paying electronic money issuers	For all fee-paying electronic money issuers except for small electronic money institutions, and TA EMI firms,36 average outstanding electronic money, as described in FEES 4 Annex 11 Part 3.18 18 19	£0.0001 38 per £211,000 of average outstanding electronic money subject to a minimum levy of £214033 18 18 19 21 24 24 29 37 19
1718 - fee-paying electronic money issuers	For small electronic money institutions, a flat fee	Levy of £215019 23 19
2319 - Credit-related regulated activities with limited permission	For not-for-profit debt advice bodies, a flat fee	Levy of £024 24
	For all other firms with limited permission, a flat fee	Levy of £3524 24
2320 - Credit-related regulated activities	Annual income as defined in FEES 4 Annex 11BR	Levy of £35 Plus ££0.50 38per £1,000 of annual income on income above £250,00024 24 29 33 37
21 -26 CBTL firms 55 that do not have permission to carry out any regulated activities 27	Flat fee55	Levy of £3527 55
2622 - designated credit reference agencies (but excluding firms in any other industry block)	Flat fee	Levy of £7529
2823 – designated finance platforms (but excluding firms in any other industry block)	28Flat fee	Levy of £7529 28
3424 – claims management companies	Annual income	Levy of 38 £50 plus £2.28 38 per £1,000 of annual income

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 1A46 and Part 2 and Part 2A of FEES 4 Annex 1117. 46
6	Where the tariff base in the table is defined in similar terms as that for the equivalent activity group in46 Part 3 of FEES 4 Annex 1A46 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 (except for firms in industry blocks 2 and 4).31 46
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 47 19 46 175324 25 25 27 29 30 34Annual General Levy Payable in Relation to the Compulsory Jurisdiction for 2020/2138