CP137 - Consultation on New Methodology to Calculate Funding Levies payable by Payment Institutions and E-Money Institutions


Overview

Description

This consultation seeks stakeholders’ views on a revised methodology for calculating the Industry Funding Levy payable by Payment Institutions and E-Money Institutions.

The  case for a new levy methodology centres on a need to take account of the changing landscape in the market, revisions to the Central Bank’s PRISM risk models and a funding strategy which aims to achieve a predictable, transparent and proportionate approach to the calculation of levies.

CP Number : CP137
Date : 16 February 2021
Closing Date : 16 April 2021

Consultation Paper Document

CP137 Consultation Paper for New Levy Methodology for Payment E-Money Institutions | pdf 980 KB