The FCA has published its consultation on fees and levies for 2024/25. After the general fee freeze last year, key proposals for the next year include:
- increasing minimum and flat rate fees in line with the 8.75% increase in the FCA’s ongoing regulatory activities (ORA) budget;
- resuming staged increases for A block and consumer credit minimum fee firms; and
- increasing application fees also by 8.75%;
Consultation closes on 14 May.