FEES App 4 Annex 2 Periodic fees payable by cryptoasset businesses registered under the Money Laundering Regulations

1[Note: Regulation 102 of the Money Laundering Regulations]

1. (1) This table sets out the tariff base relating to the fee-block for cryptoasset businesses registered with the FCA under the Money Laundering Regulations. The tariff base in this Part is the means by which the FCA calculates the annual periodic fee payable to it by a cryptoasset business registered with the FCA under the Money Laundering Regulations.

Fee-block	Fee-payer	Tariff base	Valuation date
G.23	Cryptoasset business registered with the FCA under the Money Laundering Regulations	Annual income, as defined in FEES Appendix 4 Annex 3	The business’s financial year ended in the calendar year ending 31 December before the start of the period to which the fee applies

2. (2) This table sets out the tariff rates applicable to cryptoasset businesses registered with the FCA under the Money Laundering Regulations.

Tariff rates in relation to 2022/232
Fee payable	Amount payable
Minimum fee, payable by all cryptoasset businesses	£2,0002
Variable fee, payable in addition to the minimum fee, on income above £100,000	£4.032 per £1,000 or part-£1,000