On 19 February 2026, the Bank of England (BoE) published a policy statement (PS) providing feedback to responses to its earlier consultation paper in relation to the BoE’s fees regime for financial market infrastructure (FMI) supervision 2025/26.

Summary

The PS confirms:

• the fee rates to meet the BoE’s 2025/26 funding requirement for its FMI supervisory activity and the policy activity that supports this, as permitted by the BoE’s fee-levying powers; and
• the hourly costs incurred by the BoE for FMI special projects (including staff salaries and overheads) which have increased in line with the Prudential Regulation Authority’s hourly costs for special projects.

The PS is relevant to all FMIs that currently pay FMI supervisory fees to the BoE or are expecting to do so within the 2025/26 fee year, which includes both UK and non-UK FMIs.