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:

  1. (1) fall within the A3, but not the A4, fee block and have, in relation to their A3 activities, gross written premium for fees purposes of 0 - £0.5million and best estimate liabilities for fees purposes of 0- £1.0million; or
  2. (2) fall within the A4, but not the A3, fee block and have, in relation to their A4 activities, gross written premium for fees purposes of 0-£1.0 million and best estimate liabilities for fees purposes of 0-£1.0million; or
  3. (3) fall within both the A3 and A4 fee blocks and meet condition (1) above in relation to their A3 activities and condition (2) above in relation to their A4 activities.
215.00
All other firms 500.00

TABLE II - TRANSITION COSTS ALLOCATION

[Deleted.]

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 blockmodified eligible liabilitiesBand 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 + best estimate liabilities for fees purposes

gross written premium for fees purposesBand 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 purposesBand 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’sflat 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

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.]

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.]

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

[Deleted.]

TABLE VIII – MODEL MAINTENANCE FEES