Source · Select Committees · Financial Services Regulation Committee
Recommendation 92
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.
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 ↗