Industry Funding Levy Information for MiFID Firms 

D1 – Designated Fund Managers

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;

A regulated entity falling within any of the above categories of Investment Firms authorised 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. 

Table 1

D5 – Stock Exchange Member Firms

A Member Firm of the Irish Stock Exchange that has been authorised by the Central Bank shall be liable to pay the levy contribution corresponding to its impact category as set out in Table 2 below:  

Table 2

D9 – High Volume Algorithmic Trading Firms

A High Volume Algorithmic Trading Firm that has been authorised by the Central Bank shall be liable to pay the levy contribution corresponding to its impact category as set out in the Table 3 below:

Table 3

D10 – Market Infrastructure Firms

A  Market Infrastructure firm that has been authorised by the Central Bank shall be liable to pay the levy contribution corresponding to its impact category as set out in Table 4 below:

Table 4

Firms in D1 to D10 above that are subject to the Client Asset Requirements shall pay a supplementary levy to the Central Bank corresponding to its impact category as set out in Table 5 below:

Table 5

In addition, Investment firms within the meaning of Regulation 3 of the European Union (Bank Recovery and Resolution) Regulation 2015 shall pay a supplementary administration levy to the Central Bank corresponding to its impact category as set out in Table 6 below:

Table 6

Industry Funding Levy Information for IIA Non Retail Firms

D6 – Non Retail Investment Firms

A regulated entity falling within the above category of Investment Firms authorised by the Central Bank shall be liable to pay the levy contribution corresponding to its impact category as set out in Table 7 below.  

Table 7

D11 – Investment Firms authorised in another EEA state operating in Ireland on a branch basis.

All entities in this category shall pay a flat rate levy of €12,029. 

Read more on the annual levying process.