The Financial Conduct Authority (FCA) has extended deadlines for regulatory returns due up to and including 30 June 2020.
In guidance published on Wednesday (22 April) on the FCA's website, the watchdog said if the extended submission deadline falls on a weekend, the submission should be made on the next working business day.
For small or medium-size businesses - those paying less than £10,000 in fees and levies in 2020/2021 - the administrative fee for late returns has been waived until 30 June 2020.
Despite the extension, the FCA said firms were still expected to submit returns as soon as possible, and if they miss a deadline up to 30 June, the regulator will send them a reminder letter.
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