FCA confirms annual funding requirement rise of 10.7%

The FCA has confirmed its Annual Funding Requirement (AFR) and regulated firm fees for 2024/25, with fee increases ranging from less than 1% to over 1,000%.

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New regulatory regime will cost £86m more says FCA

The Financial Conduct Authority has published details today of its Annual Funding Requirement (AFR) for 2013/14 and says that a 15 % increase (equivalent to £86m) is required to meet additional costs for 'front line' staff, IT and support services. Read more...