Today news
About the same in other media
FCA operating costs of £761m spiked again last year
Reading now: 587
The group's operating costs for 2023/24 were £761.7m, up from £669.7m the previous year. Meanwhile, it reported a £44.8m deficit (2022/23: £52.1m deficit), with reserves dipping from £68.2m to £23.4m as it funded technology investments linked to ongoing regulatory activities. The operating costs hike was primarily driven by increased staff costs, which added an additional £80m year-over-year. As of 31 March, the FCA and Payment Systems Regulator (PSR) had a total permanent staff headcount of 5,257, an increase of 665 on 2022/23. FCA authorisation cancellations doubled last year In ...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
FCA sets out to change its enforcement approach investmentweek.co.uk /2 months ago
EPA data make it hard to know the extent of the contamination from last year's Ohio derailment abcnews.go.com /2 months ago
European Union moves to compel Apple to open up operating system to rival tech abcnews.go.com /3 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
