Source · Select Committees · Financial Services Regulation Committee

Recommendation 18

18 Paragraph: 94

There is an apparent discrepancy between the progress that the FCA and PRA report on...

Conclusion
There is an apparent discrepancy between the progress that the FCA and PRA report on the efficiency of authorisations and the experience of firms going through those processes. The FCA and PRA should collect and publish further data in this regard.
Paragraph Reference: 94
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 ↗