In October 2018 the Bank of England (‘the Bank’) published a consultation paper (CP), ‘Fees for non-UK CCP applications for recognition 2018/19’, seeking views on a proposal to levy a fee for non-UK CCP recognition. Following the consultation and having considered the feedback received, the Bank has decided to introduce a recognition fee of £35,000.
We have published our final statement of policy that concludes the introduction of the fees regime for the recognition of non-UK CCPs. The policy statement covers:
- our feedback to responses to the October 2018 consultation paper
- the fee rates for the 2019/20 fee year
- the Statement of Policy on the final fee-levying regime.