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UK financial sector consulted on Management Expenses Levy Limit

( January 13, 2026, 17:00 GMT | Official Statement) -- MLex Summary: UK financial firms are set to pay £113 million for the 2026/27 Management Expenses Levy Limit. MELL is the total management expenses that the Financial Services Compensation Scheme can levy financial services firms, under a proposal from financial regulators. The rate is 4 percent higher than in 2025/26. The consultation from the Financial Conduct Authority and Prudential Regulation Authority closes on Feb. 10.Statement is attached....

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