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Status: You are viewing the version of the handbook as on 2005-12-31.

REC 7 Annex 2 Application fees payable

R

Description of applicant

Amount payable

Due date

Applicant for recognition as a UK RIE

£100,000

Date the application is made

Applicant for recognition as a UK RCH

£100,000

Date the application is made

Additional fees for applicant who proposes to:

- act as a central counterparty

£25,000

Date the application is made

- offer safeguarding and administration services

£25,000

Date the application is made

- use substantially new and untested information technology systems in the performance of its relevant functions

£25,000

Date the application is made

Description of applicant

Amount payable

Due date

Applicant for recognition as a recognised overseas investment exchange

£50,000

Date the application is made

Applicant for recognition as a recognised overseas clearing house

£50,000

Date the application is made

Additional fees for applicant who proposes to:

- act as a central counterparty

£25,000

Date the application is made

- offer safeguarding and administration services

£25,000

Date the application is made1