FCA consults on fees

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.

Emma Radmore