FIN.

Regulators consult on FSCS levy

PRA and FCA are consulting on proposals for the FSCS Management Expenses Levy Limit for 2021/22. The consultation is supported by the FSCS’s proposed Plan and Budget for 2021/22.

The proposed limit for 2021/22 is £105.5m comprising a FSCS management expenses budget of £90.5m and an unlevied reserve of £15m.

The consultation closes on 19 February 2021.

Lucy Hadrill