FCA publishes policy statement PS25/8 confirming 2025/26 regulatory fees and levies
The Financial Conduct Authority (FCA) has published policy statement PS25/8, setting out the final regulatory fees and levies for the 2025/26 financial year and providing feedback on responses to consultation paper CP25/7. The total fees payable by firms will be £711.9m, a decrease from the previous year, reflecting the application of £71.6m in retained financial penalties. These fees will contribute to the FCA’s Annual Funding Requirement (AFR) of £783.5m, which covers both ongoing regulatory activities and exceptional projects. The policy statement confirms fee-rates across all fee-blocks, introduces a new fee-block for motor finance lenders involved in discretionary commission arrangements, and outlines the approach to recovering costs associated with the regulation of ESG ratings providers. It also finalises the Financial Ombudsman Service (FOS) general levy and levies collected on behalf of government departments, including those for debt advice, pensions guidance, and illegal money lending. Firms can calculate their individual fees using the FCA’s online fees calculator.