FSA proposes 10% increase in regulatory fees for 2010/11
The Financial Services Authority has announced its proposed annual funding requirement for 2010/11, with increases of 10% in regulatory fees cited as necessary to provide more “intensive” and “intrusive” supervision.
The FSA said the budget reflected its determination to continue delivering “intensive supervision” and cited the international regulatory reform agenda as a driver for the increase.
It will require an
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