UK FCA final regulated fees and levies for 2026/27

The UK Financial Conduct Authority (FCA) has published final policy statement PS26/14 confirming the final fees and levies for 2026/27 to fund itself, the UK Financial Ombudsman Service (FOS) and certain government departments, following its March consultation. The FCA's annual funding requirement for 2026/27 will be GBP788.9 million, although GBP72.4m of retained financial penalty income from 2025/26 will be offset against fees, reducing the total amount payable by firms to GBP716.5m, a 0.7% increase from the previous year.

The FCA has largely finalised its proposals as consulted on, including a 1% increase to application, transaction and notification fees, continued staged increases to minimum fees in the A and consumer credit fee-blocks, and updated periodic fee rates reflecting changes in the data used to calculate them.

The policy statement also confirms the 2026/27 FOS compulsory jurisdiction levy of GBP86m, the levy rates collected on behalf of government departments, and amendments to the FCA's FEES guidance to clarify that direct debit is the preferred method of payment. The FCA also confirmed that it will respond separately on cryptoasset application fees, with final rules expected in its September Handbook Notice.

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