Periodic Fees Schedule – Fee Rates and EEA/Treaty Firm Modifications for the Period from 1 March 2018 to 28 February 2019
TABLE IA MINIMUM PERIODIC FEES RATES
|
Fee payer |
Fee payable (£) |
|---|---|
|
Credit unions with MELs under £2.0 million: |
|
| With modified eligible liabilities of 0 – 0.5 million | 80.00 |
| With modified eligible liabilities greater than 0.5million and less than 2.0 million | 270.00 |
|
Non-directive friendly societies which either:
|
215.00 |
| All other firms | 500.00 |
- 28/06/2018
TABLE II - TRANSITION COSTS ALLOCATION
[Deleted.]
- 01/03/2018
TABLE IIIA – PERIODIC FEE RATES APPLICABLE TO PRA FEE BLOCKS OTHER THAN THE MINIMUM FEE BLOCK FOR THE FEE YEAR 2018-19
| Column 1 Fee block | Column 2 Tariff base | Column 3 Tariff bands | Column 4 Tariff rates |
|---|---|---|---|
| A1 deposit acceptors fee block | modified eligible liabilities | Band width (£million of MELs) | Fee payable per million or part million of MELs(£) |
| >10 - 140 | 31.87 | ||
| >140 – 630 | 31.87 | ||
| >630 - 1,580 | 31.87 | ||
| >1,580 - 13,400 | 39.84 | ||
| > 13,400 | 52.59 | ||
|
A3 general insurers fee block | gross written premium for fees purposes | Band width (£million of gross written premium for fees purposes) | Fee payable per million of gross written premium for fees purposes (£) |
| >0.5 | 494.81 | ||
| best estimate liabilities for fees purposes | Band Width (£ million of best estimate liabilities for fees purposes) | Fee payable per million of best estimate liabilities for fees purposes (£) | |
| >1 | 29.07 | ||
| For UK ISPVs the tariff rates are not relevant and a flat fee of £430.00 is payable in respect of each fee year. | |||
| A4 Life insurers fee block gross written premium for fees purposes + best estimate liabilities for fees purposes | gross written premium for fees purposes | Band width (£million of gross written premium for fees purposes) | Fee payable per million of gross written premium for fees purposes (£) |
| >1 | 255.17 | ||
| best estimate liabilities for fees purposes | Band width (£million of best estimate liabilities for fees purposes) | Fee payable per million of best estimate liabilities for fees purposes (£) | |
| >1 | 7.86 | ||
| A5 managing agents at Lloyd’s | active capacity | Band width (£million of active capacity) | Fee payable per million of active capacity (£) |
| >50 | 46.24 | ||
| A6 Society of Lloyd’s | flat fee | N/A | General periodic fee (£) 1,748,266.95 |
|
A10 Firms dealing as principal fee block Trading assets + financial and operating income
| trading assets |
Band width (£million of trading assets) | Fee payable per million or part million of trading assets (£) |
| N/A | 2.63 | ||
| financial and operating income | Band width (£million of financial and operating income) | Fee payable per million or part million of financial and operating income (£) | |
| N/A | 201.46 | ||
- 28/06/2018
TABLE IV – MODIFICATIONS TO PERIODIC FEES FOR INCOMING EEA FIRMS AND INCOMING TREATY FIRMS WITH BRANCHES IN THE UK
|
Fee payer |
Discount applied to periodic fees |
|---|---|
| A1 deposit acceptors fee block | 50% |
| A3 general insurers fee block | 90% |
| A4 life insurers fee block | 90% |
| [deleted.] | [deleted.] |
| Incoming EEA firms and incoming Treaty firms offering cross border services only | 100% |
| [deleted.] | [deleted.] |
| [deleted.] | [deleted.] |
- 28/06/2018
TABLE V – MODIFICATIONS TO PERIODIC FEES FOR NON-DIRECTIVE FIRMS IN THE A1 AND A3 FEE BLOCKS
|
Fee payer |
Discount applied to periodic fees in Table IIIA |
Discount applied to EU withdrawal costs fee block |
|---|---|---|
| A1 deposit acceptors fee block | 0% | 50% |
| A3 general insurers fee block | 11% | 50% |
| [deleted.] | [deleted.] | [deleted.] |
- 28/06/2018
TABLE VI – EU WITHDRAWAL COSTS ALLOCATION
|
Fee payer |
Tariff base for allocations to firms |
|---|---|
| All firms, except those paying only the minimum fee and insurance special purpose vehicles | Total periodic fees, excluding minimum fees, payable by the firm multiplied by 0.03540 |
- 28/06/2018
[Deleted.]
- 28/06/2018
TABLE VIII – MODEL MAINTENANCE FEES
| Annual fee for CRR firms per model type(£) | Annual fee for UK Solvency II firms per group or solo internal model (£) | |||||
| Basis of scale, (aggregated figures for all UK firms within the scope of each model or model type) | IMA | IMM | IRB | AMA | A3 fee block | A4 fee block |
| CRD credit institutions with modified eligible liabilities in excess of £40,000million, or designated investment firms with trading assets in excess of £100,000million | 55,000 | 75,000 | 100,000 | 25,000 | - | - |
| CRD credit institutions with modified eligible liabilities greater than £5,000million and less than £40,000million, or designated investment firms with trading assets greater than £12,500million and less than £100,000million | 20,000 | 30,000 | 40,000 | 10,000 | - | - |
| CRD credit institutions with modified eligible liabilities of £5,000million or less, or designated investment firms with trading assets of £12,500million or less | 8,000 | 12,000 | 16,000 | 4,000 | - | - |
| The sum of a firm’s best estimate liabilities for fees purposes and gross written premium for fees purposes is £1,000 million or more for firms in the general insurance fee block (A3), or for firms in the life insurance fee block (A4), £15,000million or more | - | - | - | - | 160,000 | 210,000 |
| The sum of a firm’s best estimate liabilities for fees purposes and gross written premium for fees purposes is greater than £300million and less than £1,000million for firms in the general insurance fee block (A3) or greater than £5,000million and less than £15,000million, or for firms in the life insurance fee block (A4) | - | - | - | - | 65,000 | 80,000 |
| The sum of a firm’s best estimate liabilities for fees purposes and gross written premium for fees purposes is less than £300million for firms in the general insurance fee block (A3) or less than £5,000million, for firms in the life insurance fee block (A4) | - | - | - | - | 28,000 |
35,000
|
- 01/03/2018