Laura WilesThe FCA has published its latest data on skilled persons reports, covering 1 July – 30 September 2025. During this period, the FCA commissioned 6 skilled persons reports:
- 2 reports related to insurance, 1 to payments and digital assets, 1 to retail banking and 2 to wholesale markets (sell-side);
- 1 report related to client assets and safeguarding, 1 to conduct of business, and 4 to financial crime; and
- 5 of the reports were issued to portfolio supervision firms, and only 1 to a dedicated supervision firm.
The total reports figure is down from 7 in Q1 2025, and down from 14 in the same period for 2024.