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 Securities and 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

Impact Category Ultra High High Medium High  Medium Low  Low 
Levy N/A N/A €480,317 €95,485 €9,999

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

Impact Category  Ultra High  High  Medium High  Medium Low  Low 
Levy N/A
N/A
€480,317
€95,485
€9,999

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

Impact Category  Ultra High  High  Medium High  Medium Low  Low 
Levy N/A
N/A
€480,317
€95,485
€9,999

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

Impact Category  Ultra High  High  Medium High  Medium Low  Low 
Levy N/A N/A €480,317 €95,485 €9,999

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

Impact Category  Ultra High  High  Medium High  Medium Low  Low 
Levy N/A N/A €93,262
€18,540
€2,599

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

Table 6

Impact Category  Ultra High  High  Medium High  Medium Low  Low 
Levy N/A
N/A
€74,585
€14,827
N/A

Industry Funding Levy Information for IIA Non Retail Firms

D6 – Non Retail Investment Firms

A regulated entity falling within the above category of Securities and 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

Impact Category  Ultra High  High  Medium High  Medium Low  Low 
Levy N/A

N/A
           

€480,317
€95,485
€9,999


Read more on the annual levying process
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