Periodic Fees Schedule – Fee Rates and Modifications for the Period from 1 March 2022 to 28 February 2023

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 £0.5 million and less than £2.0 million 300.00

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; or
  3. (3) fall within both the A3 and A4 fee blocks and meet condition (1) above in relation to their A3 activities.
300.00
All other firms 600.00

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 2022-23

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 34.951
>140 – 630 34.951
>630 - 1,580 34.951
>1,580 - 13,400 43.689
> 13,400 57.669

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 (£)
>0.5 558.66
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 32.20
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 (£)
>1 308.62
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 17.35
A5 managing agents at Lloyd’s active capacity Band width (£million of active capacity)Fee payable per million of active capacity (£)
>50 48.41
A6 Society of Lloyd’sflat fee N/A General periodic fee (£)
2,300,201.83

A10 Firms dealing as principal fee block

total assets for fees purposes, total operating income for fees purposes

total assets for fees purposes

Band width (£million of total assets for fees purposes) Fee payable per million or part million of total assets for fees purposes (£)
N/A 2.79
total operating income for fees purposes Band width (£million of total operating income for fees purposes) Fee payable per million or part million of total operating income for fees purposes (£)
N/A 361.11

TABLE IV – MODIFICATIONS TO PERIODIC FEES FOR GIBRALTAR-BASED FIRMS

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.]
Gibraltar-based 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

[deleted]
A1 deposit acceptors fee block 0% [deleted]
A3 general insurers fee block 11% [deleted]
[deleted.] [deleted.] [deleted.]

TABLE VI – EU WITHDRAWAL COSTS ALLOCATION

[Deleted]

[Deleted.]

TABLE VIII – MODEL MAINTENANCE FEES

TABLE IX – RING-FENCING FEE

[Deleted.]