FCA Authorisations service performance Q1 2025/26
FCA Authorisations Service Performance – Q1 2025/26
The latest FCA metrics show strong performance across most authorisation areas, with the vast majority of applications determined within statutory deadlines.
✅ Highlights
Approved Persons (SMCR) – 99.8% on time; median 38 days
Approved Persons (AR) – 98.6% on time; median 27 days
New Firm Authorisations – 97.9% on time
Variations of Permission – 98.9% on time
Change in Control – 100% on time
5MLD Registrations – 100% within deadline
Payment Services & E-Money – almost all categories at 100%
⚠️ Watchpoint
3MLD/4MLD Registrations dipped to 86.9% within the 45-day target — the only significant miss this quarter.
With regulatory timelines remaining tight, ensuring complete and accurate applications is key to avoiding delays.
At Watchdog Services, we help firms stay compliant and avoid deadline risks — from tracking application progress to ensuring directors and PSCs meet all Companies House and FCA requirements.