FCA publishes latest authorisations service metrics
Summary
The FCA reports its authorisations metrics quarterly to provide greater transparency on its performance. The latest data published covers October to December 2023.
The regulator says it wants to make sure the UK is the best place in the world for financial services to thrive. This involves providing an effective and efficient service, while maintaining high standards to protect customers and bolster the reputation of the UK market.
The latest performance figures show that nine metrics are green, six are amber, and none are red. They also reveal that 97.8% of applications across all metric areas were determined within the statutory deadline.
The FCA says it will publish its performance figures for 2023/24 Q4 in May 2024.
Links: https://www.fca.org.uk/data/fca-authorisations-operating-service-metrics-2023-24-q3