PRA has published its policy statement setting out its approach to and application of the Fees Part of the PRA Rulebook following consultation (see FReD 30 October 2015). These changes have been designed to make the FEES module conform more with the Rulebook’s style. PRA consults on its fee rates annually, with the new fee rates taking effect from 1 March each year. It addresses periodic fees, regulatory transaction fees, special project fees for restructurings and the invoicing and collection of fees. (Source: PRA publishes FEES policy)