The Prudential Regulation Authority (PRA) has issued a consultation on its proposals to amend the PRA Handbook by replacing the current FEES with a new Fees Part.
No changes will be made to the rates or methods of calculation. However, the fee rates for 2016/2017 will be calculated on separately in Spring 2016.
These new rules will apply to all PRA-authorised firms from 1 March 2016 onwards. The consultation will close on 29 December 2015.