Levies – Complyport UK Consultancy Service

FCA Fees and Levies 2017/18

FCA Fees and Levies 2017/18 Of Relevance to: All FCA regulated firms The FCA has published Consultation Paper CP17/12 “FCA Regulated fees and levies 2017/18”. The annual funding requirement (“AFR”) increases by £7.6m year-on-year to £526.9m. The increase is a combination of a 1% (+£5.1m) in the ongoing regulatory activities [...]

FCA Fees and Levies 2015-16

The FCA has published PS15/15 “FCA regulated fees and levies 2015/16” which includes feedback on its March Consultation Paper; Regulatory Roundup 64 provides details of the latter. All respondents to the consultation raised concerns about the 7.9% increase in the ‘annual funding requirement’ (AFR) to £481.6m – although PS15/15 reveals [...]

FCA Fees and Levies 2015 to 2016

It may be recalled that CP14/26 (see Regulatory Roundup 61) “Regulatory fees and levies: policy proposals for 2015/16” proposed certain policy changes to the fee and levy regimes. However its function was not to consult on fee rates; we have had to wait for the publication of CP15/14 “FCA Regulated [...]

Regulatory Fees and Levies

The FCA has published CP14/26 – “Regulatory fees and levies: policy proposals for 2015/16”. As was the case in last year’s CP13/14 (see Regulatory Roundup 52), the purpose of the paper is to propose policy changes to the fee and levy regimes – a consultation on fee rates to be [...]

FCA Fees and Levies 2014/15

Following the March Consultation Paper (see Regulatory Roundup 54) the FCA has published PS14/11 which confirms the final fees and levies payable for 2014/15. The annual funding requirement (AFR) remains as per the Consultation Paper (CP14/6) at £446.4m, a 3.3% increase over the previous year; Table 2.1 in PS14/11 shows [...]

FSCS Levy

The FSCS has published its final levy for 2014/15, being £276m compared to £285m for the previous year. Although the final levy comes in below the earlier indicative levy for 2014/15 (£313m) that was contained in the “Plan and Budget: 2014/15”, the headline fall does not necessarily mean that all [...]

FCA Regulated Fees and Levies

As mentioned in the FCA Business Plan article, the FCA’s Annual Funding Requirement (‘AFR’) is identified as £446.4m. A detailed analysis of proposed fees is contained in CP14/6 ‘FCA Regulated fees and levies: Rates proposals 2014/15’. Although the approach to allocation has been to maintain an even distribution of the [...]

FCA Fees

The FCA has published its annual consultation paper on fees and levies – “Regulatory fees and levies: policy proposals for 2014/15” (CP13/14). As the title suggests the paper only covers proposed policy changes; it will not be until around March next year that the FCA consults on fee rates. Perhaps [...]

Tag: Levies