FCA authorisation fees set to rocket 70% in planned restructure

Consultation paper

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 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 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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