PRA has published its fees and levies for 2026/27.
The Total Funding Requirement (TFR) will be £345.3m, 0.4% (£1.3m) lower than the proposed figure and 1.4% (£4.9m) lower than the TFR for 2025/26.
The Annual Funding Requirement (AFR) has decreased by approximately £100,000, reflecting the £1.3m reduction in the TFR offset by a £1.2m increase to account for lower than budgeted model maintenance fee (MMF) income compared to that anticipated in the consultation. The lower MMF income corrects a previous incorrect allocation, which resulted in an overpayment by an individual fee payer.