FCA updates on skilled persons reports

FCA has published the numbers of skilled persons reports commissioned in the first two quarters of 2023:

  • From April to June it commissioned 11 reports, of which 4 related to retail investments and 3 to wholesale financial markets, with 5 in total relating to conduct of business
  • From July to September it commissioned 18 reports, of which 8 related to retail banking and payments and 7 to general insurance and protection, and of which 8 related to controls and risk management, 5 to financial crime and 4 to conduct of business.

Emma Radmore