This page sets out the process for paying fees for new firm authorisation and variation of permission applications. The Prudential Regulation Authority (PRA) does not charge a fee for approved persons, change in control, cancellations of permission and waivers applications. The PRA does not charge for passport notifications either, though a fee may be levied in practice by the host state.
The relevant fee charges for firm applications and notifications are set out in FEES 3 Annex 1.
The PRA will only consider an application once the application fee is received. The PRA will confirm receipt once the payment is received.
New firm authorisation fees must be paid by:
Sending a cheque to the PRA:
- made payable to the Financial Conduct Authority (as the fee administrator), not the Prudential Regulation Authority.
Variation of permission application fees can be paid by:
(a) Sending a cheque to the PRA:
- made payable to the Financial Conduct Authority (as the fee administrator), not the Prudential Regulation Authority; or
(b) credit or debit card, with details of:
- the amount of payment;
- card type (for example Visa, Mastercard, Switch, Delta);
- card number;
- expiry date.