Industry Funding Levy Information for Retail Credit Firms, Home Reversion Firms and Credit Servicing Firms
M1 - Retail Credit Firms
M2 - Home Reversion Firms
M3 - Credit Servicing Firms
Each firm within the above categories M1-M3 that has been authorised, or deemed authorised (as appropriate) by the Central Bank of Ireland shall be liable to pay the levy contribution corresponding to its impact category as set out in Table 1 below:
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Table 1
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Retail Credit, Credit Servicing & Home Reversion Firms
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Levy Payable per Impact Category
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Low
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M1
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Retail Credit Firms
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€43,280
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M3
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Credit Servicing Firms
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M2
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Home Reversion Firms
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€4,114
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Click here to read more on the annual levying process