FCA warns advisers it may charge for paper invoices

clock • 1 min read

The UK regulator, the Financial Conduct Authority (FCA), has warned advisers it could start charging for paper copies of regulatory invoices, or make online invoicing compulsory. The FCA published a consultation paper today proposing to introduce a £50 fee for advisers requesting hard copies of invoices. The FCA said: "As fewer fee-payers continue to opt for paper invoicing, any economies of scale are eroded and the costs per firm of printing and posting documents become more expensive....

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.

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