• GENE Part 10.5 GENE Part 10.5 Annual fees

    Editorial changes (as from 1st January 2016).

    • GENE 10.5.1 What annual fees are payable

      An authorised firm must pay to the Regulatory Authority:

      (a) the annual fee specified in Schedule 4; and
      (b) any supplementary fee required by the Regulatory Authority.
      Amended by QFCRA RM/2015-3 and Editorial changes (as from 1st January 2016).

    • GENE 10.5.2 GENE 10.5.2 When annual fees payable

      (1) The initial annual fee must be paid in full to the Regulatory Authority within 21 days of the date of authorisation.
      (2) Subsequent annual fees must be paid in full to the Regulatory Authority on or before 1 January of every calendar year.
      Amended by QFCRA RM/2015-3 (as from 1st January 2016).

      • GENE 10.5.2 Guidance

        With regard to the payment of an annual fee on or before 1 January, invoices will be issued at least 21 days before that date.

        Derived from QFCRA RM08/2005 (as from 5th December 2005).