Information on fees payable by issuers and sponsors.
On this page:
Issuer fees
There are various fees payable by issuers for the review and formal approval of documents by the FCA.
Vetting fees
A vetting fee is payable for the review work we perform before formal approval of the document under the Listing Rules or Prospectus Rules. Vetting fees are payable on submission and are payable irrespective of whether an approval is granted or not.
Vetting fees vary depending on document type and are set out in FEES 3 Annex 12.
Paying the vetting fee
Document vetting fees are due when you submit the first draft of the document to us. They should be paid once you have received confirmation of the fee amount along with the email notification that the case has been allocated.
Cheques should be sent to the Listing Transactions department at the FCA.
In the case of electronic payments, a payment form must be completed and uploaded to the ESS case.
Annual fees for issuers
- Information on periodic fees under the Listing Rules can be found in FEES 4 Annex 14
- Periodic fees under the Disclosure Rules is in FEES 4 Annex 14 E.6
Paying the annual fees
- Annual fees are invoiced by our revenue department. Find out more about annual fees or call the fees helpline on 0845 606 9966.
Sponsor fees
Annual fees
Sponsors are currently charged an annual fee of £27,370 per annum. The year runs 1 April – 31 March. Our revenue department invoices sponsor firms when the amount falls due.
Definitive details are set out in FEES4.2.11 and we strongly advise sponsors or applicants to review in full the FEES section of the FCA Handbook.
Application fee
Firms applying to be included on the sponsor register must pay an application fee as follows:
| Fee type |
Amount (£) |
|---|---|
|
Application for approval as sponsor |
£15,000 |
|
Application for approval as sponsor |
£5,000 |
Application fees are non-refundable (see the details in FEES 3 Annex 4R). If you are a sponsor or applying to become one, we strongly advise you to review the full FEES section in the FCA Handbook.
- Please ensure a payment form is used for electronic payments.
Payment methods
You can pay vetting fees by any of the following means. Annual fee payment methods are described on the relevant invoice.
| Payment Method |
Further Details |
|---|---|
|
Electronic payment is made via CHAP/BACS |
A payment form must be submitted through our Electronic Submissions System for every electronic transfer made in payment of Vetting, Non annual and Sponsor Fees. Information to enable you to make an electronic transfer can be found on our Electronic Payment Form (PDF). |
|
Credit Card |
It is also possible to pay by credit card (MasterCard or Visa only). If you wish to make such a payment, please contact us on 020 7066 8348. |
|
Cheque |
Cheques should be made payable to 'The Financial Conduct Authority'. |