UK PRA final regulated fees and levies for 2026/27

The UK Prudential Regulation Authority (PRA) has published policy statement PS17/26 confirming the final regulated fees and levies for 2026/27. The PRA received no responses to its April consultation and confirmed that only minor changes have been made to the draft policy. The PRA's total funding requirement is finalised as GBP345.3 million, being GBP1.3m lower than proposed in the consultation. The reduction reflects a reduced budget requirement for workforce adjustment costs. The PRA also made a small adjustment to its annual funding requirement to account for lower-than-expected model maintenance fee income arising from the correction of an earlier fee allocation error. The amended PRA fees rules will take effect on 13 July.

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