The FCA and the PRA have published a joint Consultation Paper (FCA CP13/4 and PRA CP1/14) which outlines the proposed management expenses levy limit (MELL) for the Financial Services Compensation Scheme for 2014/15. The MELL consulted on for 2014/15 is £80m.

The deadline for responses to the consultation is 17 February 2014.

View Financial Services Compensation Scheme – management expenses, 20 January 2014