The FCA report authorisations metrics quarterly to provide greater transparency of our performance. This data covers April to June 2024.
Please find the direct FCA publication here.
“We want to make sure the UK is the best place in the world for financial services to thrive. This involves providing an effective and efficient service whilst maintaining high standards to protect customers and to bolster the reputation of the UK market.”
Download Authorisations operating service metrics 2024/25 Q1 (PDF).
“These metrics now include applications for registration submitted by cryptoasset businesses under The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (Area A1.3 – 5MLD – To process money laundering registrations under the 5MLD directive).”
Our performance shows 12 metrics are green and 4 are amber.
One metric is red. This is in a low volume area and was due to one application being determined after the statutory deadline.
98% of applications across all metric areas were determined within the statutory deadline.
We will publish our performance for the second quarter of 2024/25 in November 2024.”
Please find the direct FCA publication here.
