Page 48 - 期貨和衍生品行業(yè)監(jiān)管動態(tài)（2024年9月刊）
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期貨和衍生品行業(yè)監(jiān)管動態(tài)
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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