Proposed changes to the way we will raise our fees from 2026/27, and the way we will collect levies payable to the Financial Ombudsman Service and the Financial Services Compensation Scheme.
Every November we consult on the development of our fees policy, and each spring we consult on cost recovery proposals for the subsequent financial year (April to March).
Where we propose rule changes in our November consultation for the following financial year, we consider consultation feedback and make any changes to our rules in the following March Handbook Notice. From July to October, we invoice firms.
This consultation paper (CP) includes:
This CP applies to:
Each proposal deals with a specific policy area and identifies who it affects.
Send us your comments using the online response form[2].
For proposals on targeted support (paragraphs 2.11 to 2.18 and questions 3 to 7), send your comments by 9 January 2026.
For all other proposals, send your comments by 16 January 2026.
Alternatively, email [email protected] or write to:
Fees Policy, Financial Conduct Authority, 12 Endeavour Square, London E20 1JN.
We will publish feedback on comments and any rules in our Handbook Notice in February 2026 for targeted support, and March 2026 for all other proposals.
The PRA and the FCA will consider comments on the rule changes proposed in Chapter 4 independently. We will publish feedback and any rules made by the FCA Board in our Handbook Notice in March 2026. The PRA will publish any feedback and rules made by the PRA Board in April 2026.
Although our proposals are not intended to directly advance our operational objectives[3] or secondary objective[4], they fund our capacity to do so.
Please complete this form if you require this content in an alternative format[6].
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