Regulated Sectors Fees

The Authority Funding Model document explains the Authority’s approach to funding its activities from 1 April 2023.

 

Fees from 1 April 2023 are specified in the following legislation:

Fees

Activity

Financial Services (Fees) Order 2023

  • Class 1 - Deposit Taking
  • Class 2 - Investment Business
  • Class 3 - Services to Collective Investment Schemes
  • Class 4 - Corporate Services
  • Class 5 - Trust Services
  • Class 6 - Crowdfunding Platforms
  • Class 7 - Management or Administration to Licenceholders
  • Class 8 - Money Transmission Services
  • Class 9 - Credit Unions
  • Professional Officers

Insurance (Fees) Regulations 2023

  • Life Insurance
  • Non-life insurance (including Captive Insurance)
  • General Insurance Intermediaries
  • Protected Cell Companies / Incorporated Cell Companies
  • Special Purpose Vehicles / Insurance Linked Securities

Registered Schemes Administrators (Fees) Order 2023

  • Registered Schemes Administrators

Collective Investment Schemes (Fees) Order 2023

  • Authorised Scheme
  • Regulated Fund
  • Qualifying Fund
  • Specialist Fund
  • Exempt Scheme
  • Recognised Scheme

 

Fees prior to 1 April 2023 are specified in the following legislation:

Legislation

Activity

Financial Services (Fees) Order 2021

  • Class 1 - Deposit Taking
  • Class 2 - Investment Business
  • Class 3 - Services to Collective Investment Schemes
  • Class 4 - Corporate Services
  • Class 5 - Trust Services
  • Class 6 - Crowdfunding Platforms
  • Class 7 - Management or Administration to Licenceholders
  • Class 8 - Money Transmission Services
  • Class 9 - Credit Unions
  • Professional Officers

Insurance (Fees) Regulations 2021

  • Life Insurance
  • Non-life insurance (including Captive Insurance)
  • General Insurance Intermediaries
  • Protected Cell Companies / Incorporated Cell Companies

Insurance (Special Purpose Vehicles) Regulations 2015 

  • Special Purpose Vehicles / Insurance Linked Securities

Registered Schemes Administrators (Fees) Order 2021

  • Registered Schemes Administrators

Collective Investment Schemes (Fees) Order 2021

  • Authorised Scheme
  • Regulated Fund
  • Qualifying Fund
  • Specialist Fund
  • Exempt Scheme
  • Recognised Scheme