The Financial Services Act 1986 (Overseas Investment Exchanges and Overseas Clearing Houses) (Periodical Fees) Regulations 1987
These Regulations prescribe that an overseas investment exchange and an overseas clearing house under the Financial Services Act 1986 must pay a periodical fee of £5,000. The first such fee is payable on the date the exchange or clearing house is recognised. Each subsequent fee is payable at the end of each successive period of 12 months.