Regulatory Alerts2025-02-07
Added · Updated
Financial Services Compensation Scheme – Management Expenses Levy Limit 2025/26
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.
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