FCA annual funding requirement to rise 2.5%

£793.5m for 2025/26

Isabel Baxter
clock • 2 min read

The FCA said its annual funding requirement (AFR) for 2025/26 is £783.5m, an overall 2.5% increase on last year.

As a result of this, the regulator is proposing to increase minimum and flat rate fees, as well as application fees, by 2.5%, in line with the increase in its AFR and the baseline cost of its ongoing regulatory activities. The FCA said it raised fees for "exceptional projects" – such as the advice/guidance boundary review - to "extend our regulatory remit and implement government initiatives and legislation". FCA and Treasury eye alternatives sector reform to help managers 'operate more efficiently' "This helps us promote innovation and competition through our regulatory work," the...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Regulation

FCA defends five-year plan as MPs criticise slow authorisation pace and admin costs for firms

FCA defends five-year plan as MPs criticise slow authorisation pace and admin costs for firms

Committee hearing in Parliament

Sorin Dojan
clock 16 July 2025 • 2 min read
Reeves outlines targeted support next steps amid financial advice shake-up

Reeves outlines targeted support next steps amid financial advice shake-up

To help consumers make better financial decisions

Sahar Nazir
clock 16 July 2025 • 2 min read
Chancellor orders Consumer Duty wholesale review

Chancellor orders Consumer Duty wholesale review

Mansion House speech

Sahar Nazir
clock 16 July 2025 • 2 min read
Trustpilot
Loading page