Industry Funding Levy Information for Investment Firms
A regulated entity falling within any of the below sub-categories of Investment Firms authorised by the Central Bank shall be liable to pay the levy corresponding to its impact category as set out in Table 1 below.
|
Table 1
|
|
|
Levy payable per Impact Category
|
|
Investment Firms
|
High
|
Medium High
|
Medium Low
|
Low
|
|
D1
|
Designated Fund Managers
|
€1,648,902
|
€824,451
|
€163,897
|
€20,951
|
|
D2
|
Receipt and Transmission of Orders and/or Provision of Investment Advice
|
|
D3
|
Portfolio Management; Execution of Orders
|
|
D4
|
Own Account Trading; Underwriting on a Firm Commitment Basis
|
|
D5
|
Stock Exchange Member Firms
|
|
D6
|
Firms authorised under the Investment Intermediaries Act, 1995 that are not captured in any other levy category
|
|
D9
|
High Volume Algorithmic Trading Firms
|
|
D10
|
Market Infrastructure Firms
|
|
D11
|
Investment firms authorised in another EEA state which have established a branch in Ireland
|
|
€20,951
|
|
CAR
|
Client Asset Levy: D1 to D10 as above, where subject to Client Asset Requirements (CAR) shall pay a supplementary levy
|
€496,807
|
€248,404
|
€49,381
|
€6,922
|
|
BRRD
|
BRRD Admin Levy: Investment Firms within the meaning of Regulation 3 of the European Union (Bank Recovery and Resolution) Regulations, 2015 shall pay a supplementary administration levy
|
€103,877
|
€102,453
|
€20,367
|
€10,184
|
Read more on the annual levying process.