REC 7
Fees
REC 7.1
Introduction
- 01/12/2004
Application
REC 7.1.1
See Notes
- 17/01/2002
Purpose
REC 7.1.2
See Notes
- 17/01/2002
Background
REC 7.1.3
See Notes
- 17/01/2002
REC 7.1.4
See Notes
- 01/04/2004
REC 7.1.5
See Notes
- 01/06/2004
REC 7.1.6
See Notes
- 17/01/2002
REC 7.1.7
See Notes
- 17/01/2002
REC 7.1.8
See Notes
- 17/01/2002
REC 7.2
[to follow]
- 01/12/2004
REC 7.2.1
See Notes
- 17/01/2002
REC 7.3
Application fees
- 01/12/2004
Amount
REC 7.3.1
See Notes
- 01/04/2004
REC 7.3.2
See Notes
- 01/04/2004
Due dates
REC 7.3.3
See Notes
- 17/01/2002
REC 7.3.4
See Notes
- 17/01/2002
REC 7 Annex 1
Periodic fees payable for the period from 1 April 2004 to 31 March 2005
- 01/12/2004
See Notes
In this Annex: |
- the term recognised body includes a body which was a recognised investment exchange or a recognised clearing house recognised under the Financial Services Act 1986 and which is a recognised body as a result of Regulation 9 of the Recognition Requirements Regulations; and |
- the term recognition order includes a recognition order made by the FSA under section 37 or section 39 of the Financial Services Act 1986 or a recognition order made by the Treasury under section 40 of the Financial Services Act 1986. |
Part 1 - Periodic fees for UK recognised bodies |
Name of UK recognised body | Amount payable | Due date |
CRESTCo Limited | £290,000 | 30 April 2004 |
£298,000 | 1 September 2004 | |
The International Petroleum Exchange of London Limited | £162,500 | 30 April 2004 |
£169,500 | 1 September 2004 | |
LIFFE Administration and Management | £330,000 | 30 April 2004 |
£392,000 | 1 September 2004 | |
LCH.Clearnet Limited | £285,000 | 30 April 2004 |
£334,000 | 1 September 2004 | |
The London Metal Exchange Limited | £240,000 | 30 April 2004 |
£195,000 | 1 September 2004 | |
The London Stock Exchange plc | £355,000 | 30 April 2004 |
£350,000 | 1 September 2004 | |
OM London Exchange Limited | £87,500 | 30 April 2004 |
£101,500 | 1 September 2004 | |
virt-x plc | £112,500 | 30 April 2004 |
£121,500 | 1 September 2004 | |
EDX | £75,000 | 30 April 2004 |
£115,000 | 1 September 2004 | |
Any other UK recognised investment exchange recognised as such by a recognition order made in the period | £150,000 | 30 days after the date on which the recognition order is made |
Any other UK recognised clearing house recognised as such by a recognition order made in the period | £250,000 | 30 days after the date on which the recognition order is made |
Part 2 - Periodic fees for overseas recognised bodies |
Name of overseas recognised body | Amount payable | Due date |
Cantor Financial Futures Exchange | £10,000 | 1 July 2004 |
The Chicago Mercantile Exchange | £10,000 | 1 July 2004 |
Chicago Board of Trade | £10,000 | 1 July 2004 |
EUREX Zurich | £10,000 | 1 July 2004 |
NASDAQ | £10,000 | 1 July 2004 |
NQLX | £10,000 | 1 July 2004 |
New York Mercantile Exchange | £10,000 | 1 July 2004 |
Swiss Exchange | £10,000 | 1 July 2004 |
Sydney Futures Exchange | £10,000 | 1 July 2004 |
Warenterminborse Hannover | £10,000 | 1 July 2004 |
Any other overseas investment exchange recognised as such by a recognition order made in the period | £10,000 | 30 days after the date on which the recognition order is made |
Any other overseas clearing house recognised as such by a recognition order made in the period | £35,000 | 30 days after the date on which the recognition order is made |
- 21/06/2001
REC 7 Annex 2
Application fees payable
- 01/12/2004
See Notes
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 made |
- 21/06/2001