Home FCA Handbook FEES FEES TP 23 FEES TP 23 Transitional provisions for a data reporting services provider that was an incoming data reporting services provider prior to IP completion day
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FEES TP 23 Transitional provisions for a data reporting services provider that was an incoming data reporting services provider prior to IP completion day

01/07/2021
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Material to which the transitional provision applies Transitional provisionTransitional provision: dates in forceHandbook provision: coming into force
23.1FEES 4 Annex 11R Part 5 G.25R

Where:

(1) a data reporting services provider was deemed to be authorised under the DRS Regulations by regulation 12A of those regulations;

(2) the data reporting services provider has paid the periodic fee specified in FEES 4 Annex 11R Part 5 G.25 in full for the period from 1 April 2021 to 31 March 2022; and

(3) following payment of that fee, a UK company in the same group as the data reporting services provider becomes authorised under regulation 7 of the DRS Regulations,

the UK company will not be required to pay a fee under FEES 4 Annex 11R Part 5 G.25 for the period from 1 April 2021 to 31 March 2022.

From 1 April 20211 July 2021