Poll
Firms pay £24.5m in doubled-up fees
The FCA has footed a rebate bill worth £24.5 million to firms which had their OFT licences overlap with the regulator’s takeover at the end of April.
The regulator has sent 50,000 cheques to reimburse consumer credit firms which had an OFT consumer credit licence that continued after the FCA’s takeover in April.
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