Regulatory Alerts2020-04-06
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FCA Regulated Fees and Levies 2020/21
The Financial Conduct Authority sets final periodic fees and levies for the 2020/21 financial year, establishing a total Annual Funding Requirement of £589.9m. The document implements a £2.3m consumer harm campaign cost, freezes minimum fees, and grants two-month extended payment terms for medium and small firms. It also revises authorisation application fees for Part VII insurance business transfers and introduces charges for certain Prospectus Regulations documents.
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