Regulatory AlertsCP19/13: Recovering the costs of the Office for Professional Body Anti-Money-laundering Supervision (OPBAS): further consultation on fees structure
The Financial Conduct Authority issued consultation paper CP19/13 to seek views on the fee structure for recovering the costs of the Office for Professional Body Anti-Money-laundering Supervision. This document outlines proposals for how OPBAS will fund its supervisory activities over professional bodies in the United Kingdom. The consultation aims to ensure that the cost recovery mechanism is fair, transparent, and proportionate to the regulatory burden placed on supervised entities.
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