New FCA authorisation fees come into effect on 24 January

Advice firms to pay £2,500

James Baxter-Derrington
clock • 2 min read
Any draft application not submitted prior to 24 January will be subject to the new fees.
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Any draft application not submitted prior to 24 January will be subject to the new fees.

The Financial Conduct Authority (FCA) has updated its authorisation fees in an attempt to simplify the process and shift the weight of application costs onto applicants.

From 24 January 2022, the new authorisation fees will feature 10 categories ranging from £250 to £200,000, eliminating 73 of the original 83 pricing points that previously comprised the structure. ...

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