We have published an update on our operating service metrics[1] for authorisation timelines. Our Authorisations Division is the first point of contact for firms and individuals wanting to carry out regulated activities or be registered by us. We operate a robust gateway to protect consumers and the integrity of markets but also recognise the importance of an efficient process to applicant firms and the competitiveness of the wider UK economy. That is why we publish and monitor our operating service metrics[2], ensuring transparency and accountability.