Recovering the costs of OPBAS: Feedback on CP19/13 and consultation on fee-rate for 2019/20

FCA feedback on the structure of fees for recovering the costs of establishing and running the Office for Professional Body Anti-Money Laundering Supervision (OPBAS) and consultation on fee-rate for 2019/20

ACCA welcomes the opportunity to provide feedback on the proposed fee-rate for 2019/20.

In the absence of any clarity or assurance on OPBAS’s strategic plan and costs for 2019/20, ACCA is unable to form a clear opinion on the reasonableness of the proposed variable fee-rate.

To read in full, please download the consultation response.