REC 7 Annex 2 Application fees payable
Description of applicant |
Amount payable |
Due date |
Applicant for recognition as a UK RIE |
£100,000 |
Date the application is made |
Applicant for recognition as a UK RCH |
£100,000 |
Date the application is made |
Additional fees for applicant who proposes to: |
||
- act as a central counterparty |
£25,000 |
Date the application is made |
- offer safeguarding and administration services |
£25,000 |
Date the application is made |
- use substantially new and untested information technology systems in the performance of its relevant functions |
£25,000 |
Date the application is made |
Description of applicant |
Amount payable |
Due date |
Applicant for recognition as a recognised overseas investment exchange |
£50,000 |
Date the application is made |
Applicant for recognition as a recognised overseas clearing house |
£50,000 |
Date the application is made |
Additional fees for applicant who proposes to: |
||
- act as a central counterparty |
£25,000 |
Date the application is made |
- offer safeguarding and administration services |
£25,000 |
Date the application is made1 |