FCA consults on fees for 2026/27

The FCA is consulting on its regulatory fees and levies for 2026/27.

Key changes include:

• Introducing a new fee block for PISCES operators, with a minimum annual fee of £2,200, and an additional variable fee for firms with annual regulated income exceeding £500,000;
• Amendments to include targeted support within appropriate fee and levy blocks;
• Applying standing pricing categories for authorisation or variation applications for cryptoasset firms;
• Removing the £3 agent registration fee for PIs, EMIs and RAISPs, reallocating assessment costs to PI and EMI fee blocks; and
• (In joint consultation with the PRA) Changing invoice due dates for firms paying £50,000 or more in fees to the last working day in March and August (from 1 April and 1 September).

For the proposals on targeted support, comments are due by 9 January 2026. For all other proposals, the consultation closes on 16 January 2026.