Regulatory fees proposals for 2018/19 (updated text)

The FCA has issued a consultation paper on proposed fee levies for the 2018/19 year. This covers proposed fees for the FCA, the FOS, the Money Advice Service, Pension Wise Service, Single Financial Guidance Body and the illegal money laundering expenses of the Treasury.

Please note that because of the imminent re-alignment of the FSCS fee year with the other regulatory fees the finalised FSCS levies will not be available until May 2018 and are not currently included in the FCA fees calculator. For most firms these represent a significant proportion of the total fees payable. We will not therefore be able to provide meaningful example calculations for the full fees until the FSCS finalised fees are published.

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