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FCA Handbook
REC
REC 7
REC 7 Annex 2 Application fees payable

REC 7 Annex 2 Application fees payable

R21/06/2001

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