PS26/14: FCA finalises 2026/27 fee and levy rates, invoicing begins July 2026
Routine but mandatory: the FCA has published final fee and levy rates for 2026/27. Every FCA fee-payer is affected and invoices are already being issued.
Action required. Affects all FCA fee-payers.
The FCA published PS26/14 on 2 July 2026, setting final regulatory fee and levy rates for 2026/27. The policy statement closes out the CP26/11 consultation, which ran from 26 March 2026 to 30 April 2026.
This is the routine annual fee-setting exercise. The rates are confirmed and payment is required.
Who this covers
PS26/14 applies to all FCA fee-payers and any businesses considering applying for FCA authorisation or registration. It is not directly relevant to retail financial services consumers or consumer groups. If your firm holds FCA authorisation or registration, this document is for you.
What the rates cover
The final rates set out in PS26/14 cover fees and levies for the Financial Conduct Authority and the Financial Ombudsman Service. The policy statement also includes rules enabling the FCA to collect certain levies on behalf of government departments.
Invoicing and next steps
The FCA began invoicing fee-payers from July 2026 for their 2026/27 periodic fees and levies; finance and compliance teams should check whether an invoice has arrived.
Firms can use the FCA's online fees calculator to estimate their individual liability based on the final rates in PS26/14. It covers: FCA periodic fees, the Financial Ombudsman Service levy, the Money and Pensions Advice Service levy, Devolved Authorities levies, the illegal money lending levy, PRA fees, and the Financial Services Compensation Scheme levy.
What the full document contains
Specific fee rates, any changes from the CP26/11 draft figures, and year-on-year movement from 2025/26 are not detailed here. The full PS26/14 document is required for that level of detail. If the size of your fee bill matters for budgeting, check the calculator or read the policy statement directly.
