Financial Conduct Authority: Fees and Charges

(asked on 8th October 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will launch a review into Financial Conduct Authority regulator fees.


Answered by
John Glen Portrait
John Glen
Paymaster General and Minister for the Cabinet Office
This question was answered on 15th October 2020

The Financial Conduct Authority (FCA) are responsible for setting the regulatory fees for industry and recently consulted on their fees for 2020-21. A response to the consultation can be found on the FCA’s website. The FCA operates independently within the statutory framework agreed by Parliament. The Government therefore has no role in the FCA’s budgeting or setting of their fees.

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