FEES App 4.2 Application fees
General
1A cryptoasset business making an application to register with the FCA under the Money Laundering Regulations must pay to the FCA, in full and without deduction, the fee specified in FEES Appendix 4 Annex 1.
- (1)
- (a)
1The registration fee is an integral part of a cryptoasset business’s registration with the FCA under the Money Laundering Regulations.
- (b)
Any application received by the FCA without payment made of the fee specified in FEES Appendix 4 Annex 1, in full and without deduction, will not be treated as an application made under the Money Laundering Regulations.
- (c)
Where this is the case, the FCA will contact the applicant to point out that the application cannot be progressed until the fee payable under FEES Appendix 4.2.1 has been received. If the fee, in full and without deduction, is not received, the application will be returned to the applicant and no application will have been made.
- (a)
Method of payment
1The sum payable under FEES Appendix 4.2.1 must be paid in pounds sterling by a method specified in FEES 2.1.12R unless FEES 2.1.13R applies2.
[Note: Regulation 102 of the Money Laundering Regulations]
Due Dates
1A person making an application to register with the FCA under the Money Laundering Regulations as a cryptoasset business must pay the application fee on, or before, making the application.
[Note: Regulation 102 of the Money Laundering Regulations]
Refunds
1Application fees paid under this Appendix are not refundable.