Categories Institution type Percentage of share out of Regulated total levy entities A Irish Authorised Credit institutions and those operating in Ireland on a branch 50.50% basis. B (a) Life companies with Irish head office, life undertakings operating in Ireland 9.60% on a branch basis. B (b) 25.01% Non-life companies with Irish head office (other than those designated as by the Central Bank of Ireland) and non-life insurance ‘captives’ undertakings operating in Ireland on a branch basis. D2, D3, Investment firms authorised under the European Communities (Markets in 2.37% Financial Instruments) Regulations 2017 D4 1.45% D5 Member Firms of the Irish Stock Exchange F Credit Unions 7.27% G Lenders 0.74% M1 Retail Credit firms 3.06% Amounts per category: Table 2 Categories Institution type amount Total amount for payable by payable by Regulated regulated entities regulated entities entities in 2017 ( ) in 2018 ( ) € € A Irish Authorised Credit institutions and those operating in Ireland on a branch basis. 961,252 1,035,250 B(a) Life companies with Irish head office, life undertakings operating in Ireland on a branch basis. 196,627 196,800 Non-life companies with Irish head office (other than those B(b) designated as by the Central Bank of Ireland) ‘captives’ and non-life insurance undertakings operating in Ireland on 456,849 512,705 a branch basis. D2, D3, Investment firms authorised under the European D4 Communities (Markets in Financial Instruments) 43,899 48,585 Regulations 2017. Member Firms of the Irish Stock Exchange D5 28,272 29,725 Credit Unions F 119,738 149,035 Money Lenders G 13,949 15,170 Retail credit firms M1 39,467 62,730 SECTION 3 –Calculation of the levy amount per firm within the categories The Commission wishes to achieve an equitable distribution of the levy the firms within each category, and has therefore decided that the calculation of the levy applicable to each
Categories of Regulated entities Institution type Percentage share out of total levy A Irish Authorised Credit institutions and those operating in Ireland on a branch basis. 50.50% B (a) Life companies with Irish head office, life undertakings operating in Ireland on a branch basis. 9.60% B (b) Non-life companies with Irish head office (other than those designated as ‘captives’ by the Central Bank of Ireland) and non-life insurance undertakings operating in Ireland on a branch basis. 25.01% D2, D3, D4 Investment firms authorised under the European Communities (Markets in Financial Instruments) Regulations 2017 2.37% D5 Member Firms of the Irish Stock Exchange 1.45% F Credit Unions 7.27% G Lenders 0.74% M1 Retail Credit firms 3.06% Amounts per category: Table 2 Categories for Regulated entities Institution type amount payable by regulated entities in 2017 ( € ) Total amount payable by regulated entities in 2018 ( € ) A Irish Authorised Credit institutions and those operating in Ireland on a branch basis. 961,252 1,035,250 B(a) Life companies with Irish head office, life undertakings operating in Ireland on a branch basis. 196,627 196,800 B(b) Non-life companies with Irish head office (other than those designated as ‘captives’ by the Central Bank of Ireland) and non-life insurance undertakings operating in Ireland on a branch basis. 456,849 512,705 D2, D3, D4 Investment firms authorised under the European Communities (Markets in Financial Instruments) Regulations 2017. 43,899 48,585 D5 Member Firms of the Irish Stock Exchange 28,272 29,725 F Credit Unions 119,738 149,035 G Money Lenders 13,949 15,170 M1 Retail credit firms 39,467 62,730 SECTION 3 –Calculation of the levy amount per firm within the categories The Commission wishes to achieve an equitable distribution of the levy the firms within each category, and has therefore decided that the calculation of the levy applicable to each
2018-10-16-Guide-Note-for-Web.docx