FCA: Service metric on approved person cases ‘no longer achievable’
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

FCA: Service metric on approved person cases ‘no longer achievable’

Marcel Le Gouais
11 October 2022
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
FCA logo london.jpg

The Financial Conduct Authority (FCA) has said its voluntary objective to determine 85% of approved person applications in five days “is no longer achievable”, due to the extra scrutiny it applies to certain roles.

In a brief report on service standards published before its annual meeting tomorrow, the regulator provided an update on how it has been processing approved person applications, as well as authorisations, variations of permission and change in control cases.

The...

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsFCA Regulation
LeGouais_Marcel.png
Marcel Le Gouais
Deputy Editor
Gift this article