FCA Reveals Insights: Solo-Regulated Firms in the Temporary Permissions Regime
12th February 2024
The FCA has published summary data on solo-regulated firms that entered and those that left the temporary permissions regime (TPR).
Of all the 1,191 firms that entered the TPR, only 212 solo-regulated firms secured full UK authorisation via a UK branch or a new UK entity.
104 solo-regulated firms attempted to seek full UK authorisation but failed to meet the FCA standards and therefore were not authorised. Information regarding these firms is considered confidential pursuant to section 348 of the Financial Services and Markets Act 2000 and as a result, is not disclosed.
The list of TPR firms that are available here. Please note that this list is up-to-date as of 29 January 2024.
Firms that secured full UK authorisations might have subsequently varied or cancelled such authorisations.