Industry response

FCA regulated fees and levies 2017/ 2018

Despite welcome falls in some individual rates this year, we remain concerned by the implicit assumption that regulatory fees – FCA and PRA - will always rise in real terms – and that building societies, coupled with banks for regulatory fee purposes, bear the brunt.  If not retrenching, regulators should at least concentrate on making the most of current resources – as the firms that fund them do.

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