PRA’s consultation on fees, like FCA’s, confirms that some firms will still pay the minimum amount. It sets out the PRA fee-blocks and the amounts it will allocate to them, and confirms that some firms will need to pay half their fee allocation up front. Deposit acceptors will see the largest increases and be the most costly category. It will also continue the special project fee for Solvency 2 implementation costs. PRA says it will not apply any “financial penalty” discount, as it has not yet imposed any financial penalties. However, it is consulting on introducing this discount in future. PRA asks for comments by 9 June. (Source: PRA Consults on Fees)