CP24/25: Regulatory fees and levies: policy proposals for 2025/26

Read CP24/25 (PDF)

Why we are consulting

Every November we consult on the development of our fees policy approach, and each April we consult on cost recovery proposals for the subsequent financial year (April to March).

Where we propose rule changes in our November consultation for the following financial year, we consider consultation feedback and make any changes to our rules in the following March Handbook Notice. From July to October, we invoice firms.

This publication includes:

• proposed changes to the FEES Manual (including FEES 5 (Financial Ombudsman Service) and FEES 6 (Financial Services and Compensation Scheme)
• fees policy updates

Who this applies to

This consultation applies to:

• all FCA fee-payers
• Ombudsman Service and FSCS levy-payers
• any businesses considering applying for FCA authorisation or registration

Next steps

Online response form

Send us your comments by 24 January 2025.

Use the online form, email us at [email protected] or write to: Fees Policy, Financial Conduct Authority, 12 Endeavour Square London E20 1JN.

We will consider your comments and publish our feedback on rule changes and any rules made by the FCA Board in our Handbook Notice in March 2025.