PRA has launched a consultation on its proposals for redrafting the FEES module of the Handbook to turn it into Rulebook format. It proposes the following layout:
- Chapter 1 Application and definitions [the current FEES 1];
- Chapter 2 Obligation to pay fees [the current FEES 2];
- Chapter 3 Periodic Fees, with Periodic Fees Schedule [the current FEES 4];
- Chapter 4 Regulatory Transaction fees [the current FEES 3 other than Annex 9]; and
- Chapter 5 Special project fee for restructuring [the current FEES 3 Annex 9].
Consultation closes on 29 December. (Source: PRA Consults on FEES)