The Rathbones Folio Prize is open to all works of literature written in English and published in the UK. All genres and all forms of literature are eligible, except work written primarily for children. The format of first publication may be print or digital.
The Prize will be awarded in May for books published in the previous calendar year.
Each year, three or five members of the Academy will be invited to judge the Prize. A Chair will be nominated from this group and will lead the judging panel.
This year, judges will consider a total of 60 books, which will be nominated by the Academy. There will be no call-in process this year; publishers will not be invited to write letters in support of additional titles.
The sole criterion for judgment will be excellence: to identify works of literature in which the subjects being explored achieve their most perfect and thrilling expression.
From these 60 titles a shortlist of eight will be selected by the judges. The winner will be announced at the annual Rathbones Folio Prize ceremony and presented with a cheque for £20,000.