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FCA publishes latest Authorisations Division operating service metrics

Link(s):FCA Authorisations operating service metrics | FCA
FCA Authorisations operating service metrics 2023/24 Q3 | FCA
Authorisations operating service metrics 2023/24 Q3 table (fca.org.uk)

Context

The FCA has published its latest Authorisations Division operating service metrics, for Q3 2023/24 (so October to December 2023).

Key points to note and next actions

The data shows that:

  • Nine performance metrics are ‘green’, six ‘amber’ and none ‘red’.
  • The ‘amber’ metrics include AR-related Approved Persons, new firm authorisations, and changes in control.
  • For any metric where there are two determination periods (for complete or incomplete applications) there is no breakdown of performance in relation to complete or incomplete.
  • 97.8% of applications across all metric areas were determined within the statutory deadline.