On 10 January 2025, the Prudential Regulation Authority (PRA) published the 2024 Annual Report of its Cost Benefit Analysis (CBA) Panel.

The CBA Panel is a statutory panel established to provide advice to the PRA and the Bank of England (BoE) on the preparation of CBAs. Since 1 August 2024, the PRA and the BoE have been required to consult the CBA Panel on relevant CBAs.

The Annual Report has been presented to Parliament pursuant to section 47 of the Financial Services and Markets Act 2023 and The Financial Services and Markets Act 2023 (Panel Remuneration and Reports) Regulations 2023.