On 17 March 2021, the PRA published Policy Statement 3/21: PRA fees and levies: Holding company regulatory transaction fees (PS3/21).

PS3/21 follows Consultation Paper 21/20 (CP21/20) where the PRA proposed to make a regulatory transaction fee of £2,500 payable in respect of an application for approval or exemption as a holding company made under section 192Q of the Financial Services and Markets Act 2000. The FCA received no responses to CP21/20 and is therefore proceeding with its proposals.

The new rule comes into force on 19 March 2021.

The content for PS3/21 is set out on the PRA webpage.