Teaming up with... AVIVA

Welcome to the UKGI weekly regulation update service for Aviva ABC brokers

We hope you find the Updates useful. If you are
interested in subscribing to our affordable
ABC compliance support package, please
email us at ABC@ukgigroup.com or
call UKGI on our dedicated ABC
contact line 01925 767893.

FCA publishes authorisations division Q2 2025/26 operating service metrics

Link(s):FCA Authorisations operating service metrics 2025/26 Q2 | FCA Authorisations operating service metrics Q2 2025/26

Context

The FCA has published its Q2 2025/26 (July to September) Authorisations Division operating service metrics.  The performance shows 13 metrics being ‘green’, 1 ‘amber’ and none ‘red’.

Key points to note and next actions

  • The amber metric is due to some cancellation applications being determined after the statutory deadline because some firms had not yet taken the necessary steps to meet the FCA’s conditions for cancellation, such as resolving outstanding FOS complaints.  This demonstrates the importance of making sure that all loose ends (e.g., complaints, client money) are tied up before applying to de-authorise.
  • 99.5% of applications across all metric areas were determined within the statutory deadline.