Regulatory AlertsCP24/25: Regulatory fees and levies policy proposals for 2025/26
The Financial Conduct Authority proposes changes to its fee structure and levy collection mechanisms for the 2025/26 financial year to ensure equitable cost recovery. Key proposals include uprating registration fees for Small Payment Institutions and Money Laundering Regulations registrants, replacing the flat-rate fee model for principal firms of appointed representatives with a variable-rate model, and restructuring Validation Order application fees. The consultation also addresses minor clarifications to the Fees Manual and updates policies regarding the Financial Ombudsman Service and Financial Services Compensation Scheme levies.
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