Legal News

FCA publishes updated metrics on authorisations timelines

Published on: 21 March 2023
Published by LNB News

LNB News 21/03/2023

Document Information

Issue Date: 21 March 2023

Published Date: 21 March 2023

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Financial Conduct Authority (FCA) has published an update on its operating service metrics for authorisations timelines. For 2021/22 there were 8 Green metrics, 5 Amber and 6 Red. In January/February 2023 12 were Green, 5 Amber and 2 Red. The FCA says it expects to see further improvement and to be substantially meeting the targets by the end of March 2023.

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