The Financial Services Act 1986 (Overseas Investment Exchanges and Overseas Clearing Houses) (Periodical Fees) Regulations 1999
These Regulations prescribe that overseas investment exchanges and overseas clearing houses recognised under the Financial Services Act 1986 must pay periodical fees of £9,000. The first such fee is payable on the date the exchange or clearing house is recognised. Subsequent fees are payable on the anniversary of that date.