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New FCA fee for Form A applications
Compliance

We have been advised by the FCA as follows:

 

 

“Following our recent revalorisation of the application fees earlier this year, on 24 January we advised that we would be introducing a new charge of £250 for standalone long Form A applications both for Senior Manager Functions and Controlled Function for Appointed Representatives. 

We consulted on this new charge in November 2020 as part of CP20/22 and reconfirmed our intention to introduce the fee in a Policy Statement PS22/1. 

We are now in a position to update you to confirm the new charge will take effect on 27 May 2022. 

For more information please refer to the Handbook Notice.”

 

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About the Author

Lisa Cross

Lisa has a wide range of skills and knowledge, and a track record of implementing compliance and T&C systems and processes of the highest calibre, covering all aspects of financial services.

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2020 2022 FCA Senior Manager Update
Compliance

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