Regulatory AlertsCP18/2: Financial Services Compensation Scheme - Management Expenses Levy Limit 2018/19
The FCA and Prudential Regulation Authority jointly consult on setting the Management Expenses Levy Limit for the Financial Services Compensation Scheme at £77.66 million for the 2018/19 period. This levy represents the maximum annual operating cost the FSCS may charge authorized firms without further regulatory consultation, distinct from consumer compensation costs. Responses are accepted by the PRA until 16 February to inform rules effective from 1 April 2018.
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