Policy Statement PS11/7 concerning regulatory fees has been issued and acts as a useful reminder that firms can expect to be invoiced by the FSA in June in respect of fees (and levies e.g. FOS where applicable) which, except for those paying FSA fees of £50,000 or more, must be paid by 1 July, or 30 days after they are invoiced, whichever is the latter.
The section before ‘Overview’ in PS11/7 contains a useful timetable relating to fees and tariff data.
For further information on fees, as well as a link to the FSA’s ‘fees calculator’, please see Regulatory Roundup 26.
