OE-M01: Total number of authorisations approved broken down by firm
Description
Total number of authorisations (determinations for change in control) approved broken down by firm/sector type for:
- New firm authorisations
- Variation of permissions (VoP)
- Change in control (CiC)
- Senior managers (SM)
Find out more in our guidance on every type of firm authorisation.
2024/25 values
Table: Number of approved Authorisations/ Determinations year 2 values
| Sector | New Firms | VoP | CiC | SM |
|---|---|---|---|---|
| Credit and Lending | 598 | 290 | 219 | 1116 |
| Payment Services/E-Money | 19 | 9 | 147 | 7 |
| Banking | 5 | 35 | 20 | 397 |
| Insurance | 87 | 135 | 323 | 1659 |
| Consumer Investments | 59 | 221 | 398 | 1120 |
| Crypto (5MLD) | 4 | n/a | n/a | n/a |
| 3/4MLD | 213 | n/a | n/a | n/a |
| Wholesale | 124 | 261 | 269 | 1953 |
| Total | 1,109 | 951 | 1,376 | 6,252 |
2023/24 values
Table: Number of approved Authorisations/ Determinations year 1 values
| Sector | New Firms | VoP | CiC | SM |
|---|---|---|---|---|
| Credit and Lending | 603 | 318 | 197 | 1,169 |
| Payment Services/E-Money | 39 | 5 | 106 | 5 |
| Banking | 3 | 43 | 16 | 366 |
| Insurance | 148 | 169 | 335 | 1,697 |
| Consumer Investments | 74 | 316 | 328 | 1,089 |
| Crypto (5MLD) | 6 | n/a | n/a | n/a |
| 3/4MLD | 150 | n/a | n/a | n/a |
| Wholesale | 149 | 278 | 269 | 2,001 |
| Total | 1,172 | 1,129 | 1,251 | 6,327 |
Note: Crypto firms are not authorised as other firms are, instead they apply to be registered under the 5th Money Laundering Directive (5MLD), the same applies to firms applying to be registered under the 3rd and 4th Money Laundering Directives (3/4MLD).
Source: FCA data