PSR regulatory fees: 2025-26 fees figures

This document sets out the figures we will use to calculate the regulatory fees for each PSR fee payer in 2025/26. We publish a similar document each year to provide the updated figures.

You can find more about the way we will collect and allocate PSR fees in Chapter 4 of our policy statement PS 18/12.

You can use our fee calculator to help you estimate your annual invoice, but please note it is for guidance only and you should always pay the exact amount shown on your invoice.

We will be managing the costs of the proposed consolidation of the PSR into the FCA within our existing budgets, and there are no current plans to increase fees.

Looking ahead, funding arrangements will ultimately be shaped by the future legislative framework. While we cannot confirm the longer-term approach, we do expect ongoing costs will continue to be funded through fees from regulated firms, in line with the current model. The funding requirements in terms of actual budgeting decisions post-consolidation will be informed by the organisational priorities and work expectations.

The amount of 2025/26 PSR fees we will collect

Transaction figures used to calculate 2025/26 PSR fees