UK FCA publishes final rules on fees and levies for 2025/26

The UK Financial Conduct Authority (FCA) has issued final policy statement PS25/8, accompanied by an updated webpage, confirming the regulatory fees and levies for the financial year 2025/26. This follows the FCA's April consultation and sets out the final rates for each fee-block, including those funding the FCA, the Financial Ombudsman Service and other government levies. The fees allow the FCA to recover the costs of delivering its priorities and strategy as outlined in its 2025/26 work programme. The annual funding requirement required for the FCA is GBP783.5 million, which includes the baseline cost of ongoing regulatory activities and exceptional projects. In response to the consultation feedback, the FCA makes minor corrections and clarifications to the final rules, including updates to tariff data definitions and provisions to recover costs associated with skilled person appointments under the Money Laundering Regulations. The final rules are implemented through the Periodic Fees (2025/2026) and Other Fees Instrument 2025. Firms are encouraged to use the FCA's online fees calculator to determine their individual fees based on the published rates. The FCA confirms it will invoice fee payers from July onwards for their 2025/26 periodic fees and levies.

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