Content Options

Content Options

View Options

FEES 3 Annex 7 1Fees where changes are made to firms transaction reporting systems and the FSA is asked to check that these systems remain compatible with FSA systems


Hourly rate (£)

Method of calculating fee


The fee is calculated as follows:

(1) Determine the number of hours, or part of an hour, taken by the FSA (or any person acting on behalf of the FSA) to test the fee payers transaction reporting systems for compatibility with the relevant FSA systems.

2) Then multiply the figure in the first column by the number of hours or part hours obtained under (1). The resulting figure is the fee.

(3) The number of hours or part hours referred to in (1) shall be the number of hours or part hours as recorded on the FSA's systems.