2025-02-07
Added · Updated
The Financial Conduct Authority and the Prudential Regulation Authority propose a Management Expenses Levy Limit of £108.6 million for the Financial Services Compensation Scheme for the 2025/26 financial year. This limit comprises a management expenses budget of £103.6 million and an unlevied reserve of £5 million, representing a £0.5 million nominal increase from the previous year. The proposed limit applies from 1 April 2025 to 31 March 2026 and is subject to public consultation closing on 7 February 2025.
FCA published 4 documents in the last 30 days — get each new one by email the day it lands.
Consultation Paper
FCA CP25/1 PRA CP1/25
Financial Services Compensation
Scheme – Management Expenses
Levy Limit 2025/26
January 2025
How to respond
We are asking for comments on this Consultation Paper (CP) by 7 February 2025. You can send them to us using the form on our website. Or in writing to:
Prudential & Redress Policy
Financial Conduct Authority
12 Endeavour Square
London E20 1JN
Email:
cp25-1@fca.org.uk.
Disclaimer
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Source: Financial Conduct Authority — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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