| Link(s): | FCA Authorisations operating service metrics 2025/26 Q1 | FCA FCA Authorisations operating service metrics Q1 2025/26 |
Context
The FCA has published its Q1 2025/26 Authorisations division operating service metrics for solo-regulated firms. The data shows twelve metrics being ‘green’, two ‘amber’ and one ‘red’.
Key points to note and next actions
- 99.1% of applications across all metric areas were determined within the statutory deadline.
- The ‘red’ metric is a result of eleven applications being determined after the statutory deadline because of operational issues.
- The FCA’s Approved Persons webpages for Senior Management Functions (SMFs) include guidance and insight to make the application process easier for firms.
- Firms should look at the FCA’s Authorisation pages for guidance, which include a sample business plan, examples of good applications and common pitfalls to avoid.