Any application received by the FCA without payment made of the fee specified in FEES Appendix 4 Annex 1, in full and without deduction, will not be treated as an application made under the Money Laundering Regulations.
Where this is the case, the FCA will contact the applicant to point out that the application cannot be progressed until the fee payable under FEES Appendix 4.2.1 has been received. If the fee, in full and without deduction, is not received, the application will be returned to the applicant and no application will have been made.
1The sum payable under FEES Appendix 4.2.1 must be paid in pounds sterling online by Maestro, Visa Debit or credit card (Visa/Mastercard/American Express only). If this is not possible for technical or other reasons, the FCA may accept payment by banker’s draft, cheque or other payable order.
[Note: Regulation 102 of the Money Laundering Regulations]
1Application fees paid under this Appendix are not refundable.