Blog: FCA Brexit bill hits £10m as watchdog pledges not to undercut EU standards – Financial News

The UK’s departure from the EU is set to cost its financial regulator some £10m in 2021/22, according to its latest business plan.

The Financial Conduct Authority said on 15 July that while the fees it levies on the industry to deal with the fallout of Brexit have reduced from £15m the previous year, they will still come in at £10m for the coming 12 months.

“We…

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