2019-04-16
Added · Updated
The Financial Conduct Authority publishes final periodic fees and levies for the 2019/20 financial year, including feedback on Consultation Paper 19/16 and associated made rules. The total Annual Funding Requirement is set at £558.5m, with a 2.7% increase applied across fee-blocks for authorised firms, the Financial Ombudsman Service, Money and Pensions Service, Devolved Authorities, and illegal money lending. Invoicing for these fees and levies commences from July 2019.