Page 48 - 期货和衍生品行业监管动态（2024年9月刊）

期货和衍生品行业监管动态

improvements in its authorisations service.

Recognising the vital role that the regulator plays in enabling new financial

services firms’ ability to meet regulatory standards to get off the ground, the FCA has

improved its authorisation process. Now 98% of cases, including applications by

wholesale market firms, are assessed within statutory deadlines, up from 89% in Q1

of 2022/23.

Overseas wholesale financial firms wishing to operate in the UK can also benefit

from pre-application support from the FCA. The regulator has also recently completed

the biggest reform to the listing rules in more than 3 decades. These changes support

economic growth by helping firms access the capital they need to grow.

Other highlights include:

Intervening to stop harm to consumers more quickly

The FCA has continued to improve how it detects problem firms and individuals,

which helps earlier intervention. For example, it doubled the cancellation of firm

authorisations in 2023 to 1,261 and used its powers to intervene against 34 firms, who

caused serious concerns, up 68% on 2022.

Improved fair complaint resolution and compensation

The FCA has taken strong action to make sure firms are compensating

consumers, promptly and fairly, when things go wrong. This year it intervened with

almost 100 lenders to make sure they were supporting borrowers in financial difficulty,

and the FCA expects that approximately 270,000 customers will receive close to

?60m in compensation.

At the same time, through its work on prevention, the Financial Services

Compensation Scheme (FSCS) levy on the industry has fallen to a 10-year low.

Strong action to tackle financial crime

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