Financial Services: Regulation

HM Treasury written question – answered at on 26 July 2016.

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Photo of James Cartlidge James Cartlidge Conservative, South Suffolk

To ask Mr Chancellor of the Exchequer, what revenue was received by the (a) Financial Conduct Authority and (b) Financial Services Authority from fees and levies payable by regulated firms in each of the last five years.

Photo of Simon Kirby Simon Kirby The Economic Secretary to the Treasury

The questions on Financial Conduct Authority (FCA) and Financial Services Authority fees and levies are both a matter for the FCA, who are operationally independent from Government.

The questions have been passed on to the FCA. The FCA will reply directly to the Honorable Member by letter. A copy of the letter will be placed in the Library of the House.

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