The Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) published a joint consultation proposing changes to invoice due dates for certain firms paying regulatory fees, aimed at preventing invoices being marked overdue due to procedural issues. The proposal, set out in Chapter 4 of CP25/33 on regulatory fees and levies for 2026/27, would update invoice due dates for firms that pay GBP 50,000 or more a year in PRA and FCA fees and therefore make “payments on account”. The consultation closes on 16 January 2026.
Prudential Regulation Authority 2025-11-21
Prudential Regulation Authority and Financial Conduct Authority consult on updating invoice due dates for GBP 50,000-plus annual fee payers
The Prudential Regulation Authority and the Financial Conduct Authority have issued a joint consultation proposing changes to invoice due dates for firms paying GBP 50,000 or more annually in regulatory fees. This aims to prevent invoices from being marked overdue due to procedural issues.