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Status: Please note you should read all Brexit changes to the FCA Handbook and BTS alongside the main FCA transitional directions. Where these directions apply the 'standstill', firms have the choice between complying with the pre-IP completion day rules, or the post-IP completion day rules. To see a full list of Handbook modules affected, please see Annex B to the main FCA transitional directions.

You are viewing the version of the document as on 2019-12-09.

Status: In this content, we have included all amendments made by EU exit-related instruments up to end September 2020. There will be more amendments to be made later this year, further to the September QCP.

FEES 6 Annex 2 Financial Services Compensation Scheme - annual levy limits

R

1This table belongs to FEES 6.3.5 R3

Class4

Category4

Levy Limit (£ million)

Class 1: General Insurance Distribution Claims4

1.1: General insurance distribution4

3104

1.2: General insurance provision4

100 (subject to FEES 6.5.2-AAR)4

Total: 4104

Class 2: Investment Intermediation Claims4

2.1: Life distribution and investment4 intermediation

2404

2.2: Life insurance provision4

35 (subject to FEES 6.5.2-AAR)4

2.3: Investment provision4

50 (subject to FEES 6.5.2-AAR)4

2.4: Structured deposits provision4

5 (subject to FEES 6.5.2-AAR)

Total: 3304

Class 3: Investment Provision Claims4

4

200

4

4

Class 4: Home Finance Intermediation Claims

4.1:4 Home finance intermediation

40

4.2: Home finance provision4

154

Total: 554

Class 5: Debt Management Claims4

5.1:4 Debt management claims

40

5.2: Consumer credit provision4

Class 6: Deposit acceptors’ contribution4

105 (subject to FEES 6.5.2-AAR)4