Insight and Intelligence on the London & International Insurance Markets

24 November 2017

Search archive

FCA issues consultation paper on levy changes

Charlie Thomas 13 November 2017

The UK's financial regulator, the Financial Conduct Authority (FCA), is consulting on a range of proposals which will change how the watchdog is funded.

In a consultation paper released today the FCA proposed changes to how the Financial Ombudsman levy is calculated. It also suggested bringing additional firms under the scope of the financial penalty scheme (FPS) as well as a slight change to the minimum thresholds needed for firms to contribute to the running of the FCA.

On the...


If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership



Share:

Euromoney Trading Limited - 3rd Floor, 41 Eastcheap, London, EC3M 1DT, United Kingdom. The content of this website is copyright of Euromoney Trading Limited 2017. All rights reserved Euromoney Trading Limited actively monitors usage of our website and products and reserves the right to terminate accounts if abuse occurs.

Π