Regulatory Alerts2026-01-12
Added · Updated
PS26/4: Financial Services Compensation Scheme – Management Expenses Levy Limit 2026/27
The Financial Conduct Authority and the Prudential Regulation Authority set the annual Management Expenses Levy Limit for the Financial Services Compensation Scheme at £112,972,954 for the financial year 2026/27. This limit covers ongoing operating costs, including IT, staff, legal, and claims handling expenses, but excludes compensation costs. The levy applies to FCA and PRA authorised firms from 1 April 2026 until 31 March 2027.
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