The Financial Conduct Authority (FCA) has budgeted for a total annual funding requirement (AFR) of £543.9m for 2018/19.
It also predicted a total EU exit cost of £30m to the regulator.
The figures were revealed in a consultation paper on fees and levies published alongside its Business Plan.
This is an increase of 3.2%, compared to the £526.9m budgeted for 2017/18.
The regulator detailed that its AFR includes ongoing regulatory activities budget costs, costs relating to changes to its
- Former Axa claims handler jailed for fraud
- MVP snaps up stake in Ataraxia as Stuart Randall exits
- InsurTech Futures: By Miles launches pay-as-you-go motor policy
- Insurance Cares: FCA plans ‘vulnerable customers’ consultation
- FCA prepares for hard Brexit
- CII names Jonathan Clark as new president
- MVP the “ideal partner” for Ataraxia, says Stuart Randall