Source · Select Committees · Financial Services Regulation Committee
Recommendation 16
16
Paragraph: 92
The FCA and PRA must work to reduce authorisation timelines.
Conclusion
The FCA and PRA must work to reduce authorisation timelines. This should be accompanied by a renewed cultural focus on consistent improvement of operational efficiency across all levels of the organisation.
Paragraph Reference:
92
Government Response
A response document is linked to this report, dated 3 September 2025. Response attribution to this conclusion has not been verified. Read the response document ↗