FCA authorisation fees set to rocket 70% in planned restructure

Consultation paper

Sophie King
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The FCA’s application fees are based on the permission a firm is applying for and so the charge represents the regulator’s assessment of the complexities likely to be presented by each permission.
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The FCA’s application fees are based on the permission a firm is applying for and so the charge represents the regulator’s assessment of the complexities likely to be presented by each permission.

The Financial Conduct Authority (FCA) has proposed a 70% increase in authorisation application fees for advice firms as well as a proposed restructure of the charges.

In a consultation paper published today (19 November), the regulator laid out plans to change advice firm authorisation application fees. It said it was considering increasing these fees for new firms...

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