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Tip of the Week

Financial Conduct Authority Fees

By 31st August 2020No Comments

The Financial Conduct Authority (FCA) has announced that to help smaller regulated firms through this difficult time they are freezing minimum fees.  This means that 71% of firms that only pay minimum fees will see no change in the fees they pay.

To further assist they have also stated that for small and medium sized firms they are extending the period for paying from two months to 90 days.  Therefore 89% of firms will have until the end of 2020 to pay their FCA fees and levies.