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FCA publishes Q3 2025/26 Skilled Persons Reports data

Link(s):Skilled person reviews | FCA
Number of Skilled Persons Reports commissioned in 2025/26 Q3 (1 October 2025 – 31 December 2025)

Context

The FCA has updated its Skilled Persons Reviews web page to include a link to the Q3 2025/26 Skilled Persons Reports data.  The data shows that there were eleven reports commissioned, compared to the six commissioned in the previous quarter.

Key points to note

  • Three of the eleven reports commissioned were in the insurance sector.
  • All of the reports commissioned in Q3 were commissioned directly by the FCA with the Skilled Person; ten of them involved ‘Portfolio’ supervision firms (i.e., firms which do not have a direct FCA Supervisor).
  • Four of the eleven related to controls and risk management frameworks, three related to financial crime, and two in relation to governance, accountability, strategy and culture.