The PSA has announced a revised set of administrative charges, which will apply once Code 15 comes into force on 5 April 2022. Administrative charges are applied to Enforcement cases that have been adjudicated on. The administrative charges that will apply from 5 April 2022 are as follows:

Hourly Executive rates

• Investigations Executive                                                £135
• In-house Counsel                                                           £170
• Market Intelligence                                                        £95

Fixed Executive rates

• Investigations Oversight Panel                                     £440

Code Application Panel (CAP) & other panels

• Tribunal hearing                                                             £4,200
• Single Legally Qualified CAP Member Hearing        £1,400
• Oral Hearing – half day                                                 £2,485
• Oral Hearing – full day                                                  £4,970
• Interim hearing withhold                                               £925
• Interim hearing suspension                                           £925
• Review of interim measures                                          £925
• Application for review (application fee only)             £420

To read the PSA’s announcement on its website, click here.