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FEES 5.1 Application and Purpose


FEES 5.1.1R

112Rules and guidance made by the FCA in this chapter apply to every firm which is subject to the Compulsory Jurisdiction.714

FEES 5.1.1-AG

714Whilst no rule11 made by the FCA in this chapter applies to VJ participants, some of the guidance may do. The application of rules made by the FOS Ltd in this chapter is set out in FEES 5.5B15 and described in FEES 5.1.2 AG.

FEES 5.1.1BR

714FEES 5.1.1A R does not apply to 15FEES 5.5B or FEES 5 Annex 2R or Annex 3R unless otherwise stated in rules made by the FOS Ltd.

FEES 5.1.2G

The rules set out in the table under FEES 5.1.2 AG are made by the FOS Ltd. All other FEES 5 rules are made by the FCA.714

FEES 5.1.2AG

714Table of FEES 5 rules made by the FOS Ltd

FEES 5 rules made by the FOS Ltd


FEES 5.5B15


Rules relating to case fees

FEES 5 Annex 2R

Annual Levy Payable in Relation to the Voluntary Jurisdiction

FEES 5 Annex 3R

Case Fees Payable

FEES 5.1.3G


FEES 5.1.3AG




FEES 5.1.4R

A firm which is exempt under DISP 1.1.12 R3 is also exempt from FEES 5.1, 5.2, 5.3, 5.4 and 5.671427142.

FEES 5.1.4AR

2A firm will only be exempt from FEES 5.7 for any given financial year if it met the conditions inDISP 1.1.12 R3 on 31 March of the immediately preceding financial year.

FEES 5.1.5R

A firm which ceases to be exempt under FEES 5.1.4 R is to be treated, for the purposes of its contribution to the general levy, as a firm to which FEES 5.8 applies.

FEES 5.1.6R


FEES 5.1.6AG

714Firms which cease to be authorised and therefore subject to the Compulsory Jurisdiction part way through the year will not receive a refund of their general levy except in exceptional circumstances.


FEES 5.1.7G

The purpose of this chapter is to set out the requirements on firms to pay annual fees (through a general levy invoiced and collected by the FCA on behalf of FOS Ltd) and case fees (invoiced and collected directly by FOS Ltd) in order to fund the operation of the Financial Ombudsman Service.This Chapter4 also provides for unauthorised persons to pay case fees to FOS Ltd in respect of any relevant complaints which it handles.