FCA consults on fees and levies

FCA is consulting on policy proposals for its proposed regulatory fees and levies for 2019/2020. Among the proposed changes is a plan to streamline the process of setting consumer credit fees by exemption community finance organisations and credit unions.

The other main element of the paper discusses how FCA will raise fees from credit rating agencies and trade repositories post-Brexit, assuming it takes over the supervisory role for these entities from ESMA.

Consultation closes on 14 January 2019.