2020 Disclosure Log

With reference to the information previously disclosed by the FCA in response to FOI6825 and FOI6832 (available on the FCA's online disclosure log) I would like to request up to date information on the statistics below. 

Statistics on criminal investigations

• Please provide the total number of criminal investigations opened in each of 2017, 2018, 2019 and 2020 into alleged breaches of the Money Laundering Regulations 2007 (MLR 2007) by a) individuals and b) firms. 
• Please provide the total number of criminal investigations opened in each of 2017, 2018, 2019 and 2020 into alleged breaches of the Money Laundering Regulations 2017 (MLR 2017) by a) individuals and b) firms. 
• Please provide the total number of currently-open criminal investigations into alleged breaches of the MLR 2007 by a) individuals and b) firms.
• Please provide the total number of currently-open criminal investigations into alleged breaches of the MLR 2017 by a) individuals and b) firms.
• Please provide the total number of currently-open criminal investigations into alleged breaches by firms of the MLR 2007 by regulation under investigation. 
• Please provide the total number of currently-open criminal investigations into alleged breaches by firms of the MLR 2017 by regulation under investigation. 

Statistics on civil investigations

• Please provide the total number of civil investigations opened in each of 2017, 2018, 2019 and 2020 into alleged breaches of the Money Laundering Regulations 2007 (MLR 2007) by a) individuals and b) firms. 
• Please provide the total number of civil investigations opened in each of 2017, 2018, 2019 and 2020 into alleged breaches of the Money Laundering Regulations 2017 (MLR 2017) by a) individuals and b) firms. 
• Please provide the total number of currently-open civil investigations into alleged breaches of the MLR 2007 by a) individuals and b) firms.
• Please provide the total number of currently-open civil investigations into alleged breaches of the MLR 2017 by a) individuals and b) firms.
• Please provide the total number of currently-open civil investigations into alleged breaches by firms of the MLR 2007 by regulation under investigation. 
• Please provide the total number of currently-open civil investigations into alleged breaches by firms of the MLR 2017 by regulation under investigation. 

Statistics on dual track investigations 

• Please provide the total number of currently-open "dual track" criminal and civil investigations into alleged breaches of the MLR 2007 by a) individuals and b) firms.
• Please provide the total number of currently-open "dual track" criminal and civil investigations into alleged breaches of the MLR 2017 by a) individuals and b) firms.

COVID: 

• Please provide the number of enforcement investigations opened where the reasons given in the memorandum of appointment referenced the COVID-19 pandemic. If so and if possible, please provide the category of investigation as per the data within the Annual Enforcement Performance Report eg Retail, Wholesale etc. 

• How many investigations has the FCA opened into non-financial misconduct in 2018, 2019 and 2020? 
• How many of those investigations focus on individuals classed as senior managers? 
• How many active investigations does the FCA have into non-financial misconduct?

In reference to a previous FOI (ref: FOI7295), I would like to know the following:

• The total number of sales by life insurers as reported in submissions by FCA regulated firms made to Gabriel 
• The total value of sales by life insurers as reported in submissions by FCA regulated firms made to Gabriel 

Please provide this data broken down by month, for each of the following months:

• March 2020
• April 2020
• May 2020
• June 2020
• July 2020
• August 2020
• September 2020
• October 2020
• November 2020

If that is not possible, please provide the data broken down by quarters for 2020 (January – March), (April - June) and (July – September), (October – December).

Request 1:

1. Total number of open FCA enforcement investigations.
2. The number of criminal, civil, regulatory and dual track investigations currently open (broken down by each category).
3. Information on investigations the FCA has open in relation to firms, broken down by number according to whether the investigation relates to: (a) misleading statements; (b) listing requirements; (c) market manipulation; (d) insider dealing; (e) wholesale conduct; (f) financial promotions; (g) culture and governance; (h) mis-selling; (i) financial crime; (j) client money / client assets; (k) retail conduct; (l) non-financial misconduct; and (m) other (please provide details).
4. Number of current FCA enforcement actions relating to MiFID II transaction reporting failings.
5. Number of current FCA enforcement actions relating to the MIFID II rules on payment for research (transposed at section 2.3B of the FCA Conduct of Business sourcebook). Broadly, these are the rules that require that firms either pay for investment research out of their own resources, or otherwise maintain a research payment account (and associated requirements).
6. Total number of open investigations against individuals, broken down by number according to whether the investigation relates to: (a) misleading statements; (b) listing requirements; (c) market manipulation; (d) insider dealing; (e) wholesale conduct; (f) financial promotions; (g) culture and governance; (h) mis-selling; (i) financial crime; (j) client money / client assets; (k) retail conduct; (l) non-financial misconduct; (m) senior manager conduct rules; (n) individual conduct rules; (o) other (please provide details).
7. Total number of Warning Notices issued in: (a) H1 2020; and (b) Q3 2020.
8. Total number of Skilled Persons appointed in 2020 (to date).
9. Number of open investigations that relate to Senior Managers: (a) opened prior to 9 December 2019; and (b) opened on or after 9 December 2019.
10. Number of open investigations that relate to Senior Managers broken down by: (a) misleading statements; (b) listing requirements; (c) market manipulation; (d) insider dealing; (e) wholesale conduct; (f) financial promotions; (g) culture and governance; (h) mis-selling; (i) financial crime; (j) client money / client assets; (k) retail conduct; (l) non-financial misconduct; (m) senior manager conduct rules; (n) individual conduct rules; and (o) other (please provide details).
11. Number of open investigations that relate to Certified Persons: (a) opened prior to 9 December 2019; and (b) opened on or after 9 December 2019.
12. Number of open investigations that relate Certified Persons broken down by: (a) misleading statements; (b) listing requirements; (c) market manipulation; (d) insider dealing; (e) wholesale conduct; (f) financial promotions; (g) culture and governance; (h) mis-selling; (i) financial crime; (j) client money / client assets; (k) retail conduct; (l) non-financial misconduct; (m) individual conduct rules; and (n) other (please provide details).
13. Number of open investigations that relate to Conduct Rules Staff: (a) opened prior to 9 December 2019; and (b) opened on or after 9 December 2019.
14. Number of open investigations that relate Conduct Rules staff broken down by: (a) misleading statements; (b) listing requirements; (c) market manipulation; (d) insider dealing; (e) wholesale conduct; (f) financial promotions; (g) culture and governance; (h) mis-selling; (i) financial crime; (j) client money / client assets; (k) retail conduct; (l) non-financial misconduct; (m) individual conduct rules; and (n) other (please provide details).
15. Number of open investigations that relate to Approved Persons broken down by: (a) misleading statements; (b) listing requirements; (c) market manipulation; (d) insider dealing; (e) wholesale conduct; (f) financial promotions; (g) culture and governance; (h) mis-selling; (i) financial crime; (j) client money / client assets; (k) retail conduct; (l) non-financial misconduct; and (m) other (please provide details).
16. Overall number of enforcement investigations opened and closed so far in 2020.

Request 2:

1. Number of open FCA enforcement investigations relating to: (i) dual-regulated firms; and (ii) solo-regulated firms.
2. Number of open enforcement investigations relating to: (i) limited-scope firms; (ii) core firms; and (iii) enhanced firms (in each case as defined under the Senior Managers and Certification Regime).
3. The number of criminal, civil, regulatory and dual track investigations currently open (broken down by each category) relating to (i) dual-regulated firms; and (ii) solo-regulated firms.
4. The number of criminal, civil, regulatory and dual track investigations currently open (broken down by each category) relating to (i) limited-scope firms; (ii) core firms; and (iii) enhanced firms (in each case as defined under the Senior Managers and Certification Regime).
5. Information on investigations the FCA has open in relation to (i) dual-regulated firms; and (ii) solo-regulated firms, broken down by number according to whether the investigation relates to: (a) misleading statements; (b) listing requirements; (c) market manipulation; (d) insider dealing; (e) wholesale conduct; (f) financial promotions; (g) culture and governance; (h) mis-selling; (i) financial crime; (j) client money / client assets; (k) retail conduct; and (l) other (please provide details).
6. Information on investigations the FCA has open in relation to (i) limited-scope firms; (ii) core firms; and (iii) enhanced firms, broken down by number according to whether the investigation relates to: (a) misleading statements; (b) listing requirements; (c) market manipulation; (d) insider dealing; (e) wholesale conduct; (f) financial promotions; (g) culture and governance; (h) mis-selling; (i) financial crime; (j) client money / client assets; (k) retail conduct; and (l) other (please provide details).
7. Number of Skilled Persons appointed in 2020 (to date) in relation to (i) dual-regulated firms; (ii) solo-regulated firms; (iii) limited -scope firms (for SMCR purposes); (iii) core firms (for SMCR purposes); and (iv) enhanced firms (for SMCR purposes).
8. Number of open investigations that relate to Senior Managers of: (a) dual-regulated firms; (b) solo-regulated firms; (c) limited-scope firms (for SMCR purposes); (d) core firms (for SMCR purposes); and (e) enhanced firms (for SMCR purposes).
9. Number of open investigations that relate to Senior Managers broken down by the following Senior Management Functions: (a) SMF 1; (b) SMF 3; (c) SMF 27; (d) SMF 16; and (e) SMF 17.
10. Number of open investigations that relate to Certified Persons of: (i) limited-scope firms (for SMCR purposes); (ii) core firms (for SMCR purposes); and (iii) enhanced firms (for SMCR purposes).
11. Number of open investigations that relate to Conduct Rules Staff of: (i) limited-scope firms (for SMCR purposes); (ii) core firms (for SMCR purposes); and (iii) enhanced firms (for SMCR purposes).
12. Number of enforcement investigations opened and closed so far in 2020 relating to (i) dual-regulated firms; (ii) solo-regulated firms; (iii) limited scope firms (for SMCR purposes); (iv) core firms (for SMCR purposes); and (v) enhanced firms (for SMCR purposes).

The number of FCA authorised businesses that have had their authorisation withdrawn

I would like the data broken down for each of the last five years with a year-end date of 31 October or whichever year-end is most convenient. If you cannot provide data for each of the last five years, then please provide data for each of the last three years. If that is not possible, then please provide data for each of the most recent two years. 

For each year since 2017:

1. How many investigations into money laundering have been opened?
2. How many investigations into money laundering are still ongoing?
3. How many investigations into money laundering have been closed without any action being taken?
4. How many investigations into money laundering have been closed following action being taken?
a. What action was taken in these investigations?
5. What targets are in place in relation to opening and taking action in money laundering investigations?

It was noticed that on your fines (enforcement page), there is a significantly less number of firms being fined. https://www.fca.org.uk/news/news-stories/2020-fines

1. Can you provide the number of firms being fined, YTD 2020, 2019, 2018, 2017, 2016?
2. Can you provide the number of firms currently being investigated for each year listed above?
3. Can you provide an explanation as to why the number of fines/investigations for this year differs greatly from previous years?

1. The number of unique LEIs representing the EXECUTING ENTITY for a transaction report (RTS22) submitted to the FCA, broken down by year 2018, 2019, and YTD 2020.
2. The number of transaction reports processed by the FCA, broken down by year 2018, 2019, and YTD 2020.
3. The number of "Errors & omissions notification forms" received by the FCA, broken down by year 2018, 2019, and YTD 2020.

I'm not sure if the FCA holds this information but I was looking for two reports. They are both relating to the number of sales transactions for a given type of mortgage. 

1. A monthly log of how many Retirement Interest Only mortgage sales have been arranged since they launched a few years ago. 
2. A monthly log of how many mortgage sales (excluding Lifetime Mortgages & Retirement Interest Only Mortgages) have been arranged since 2015 where the youngest borrower was at least 55 and the mortgage term was at least 15 years.

1. How many advice firms have given up permission since April to August 2020?
2. How many regulated firms have given up their permissions since April to August 2020?
3. How many firms have given up their DB permissions since the FCA decided to ban contingent charging in June (which is introduced in Oct)?
4. How many firms contacted the FCA after the June announcement on a contingent charge ban, opposing the decision?

The total number of suspected phishing and scam emails, texts and voice calls reported to your organisation over the last 9 full calendar months January - September 2020.

Please break the data down by month, for example:

January

• Suspected phishing emails - 220
• Voice calls - 24
• SMS messages - 67

1. The number of e-money license applications received
2. The number of e-money licenses granted
3. The number of investigations into e-money providers
4. The number of ongoing cases (and how many of those relate to possible breaches of money laundering regulation)
5. The number of completed cases and outcome (i.e. whether enforcement action has been taken).

Would you kindly provide statistics on the following:

1) FCA Innovation Hub

https://www.fca.org.uk/firms/innovate-innovation-hub

a) How many UK-based firms did the FCA Innovation Hub work with for 2020? 2019? 2018? 2017?

b) For each year, kindly state the number of women-owned businesses that the FCA Innovation Hub worked with?  Likewise, for minority-owned businesses.

2) FCA (logged as a new request under reference FOI7835):

a) Has the FCA engaged with non-authorised firms, or their individual representatives, regarding any regulatory issues?  (These statistics should not include any firms involved in the FCA Innovation Hub). If so, please provide the number of firms for 2020, 2019, 2018, 2017.

b) Has the FCA engaged with any non-authorised firms, or their individual representatives, regarding transaction reporting issues?   (These statistics should not include any firms involved in the FCA Innovation Hub).  If so, please provide the number of firms for 2020, 2019, 2018, 2017.

I would like information about your appointed representative application process over the last 18 months.

1. How many application have you received in each month that are allocated to both your standard and non-routine processes;
2. How many applications do you process in a month for both standard and non-routine applications;
3. How many applications sit in your standard and non-routine queues per month for both types;
4. What is the average time for processing both sets of applications over the 18 month period;

FOI7808 response

FOI7808 response annex

1. The total number of SMF holders each year
2. This total number broken down by type of SMF each year, as specified by the table of SMF in SUP 10C.4 Specification of functions

Please use this as reference - https://www.handbook.fca.org.uk/handbook/SUP/10C/4.html

I would like this information for each question for each of the last five years with a year end date 31 March - I.E. April 1 2019 - March 31 2020. If this is not possible, please could the data be broken down by calendar year - I.E. January 1 2019 - December 31 2019. Please specify which year-end is used in your response.

If you cannot provide data for each of the last five years, then please given me the data for each of the last three years. If this is also not possible, then please give me the data for each of the last two years.

From your retail intermediary market report 2019 (link below), does the number of staff that advise on retail investments in Figure 5 include financial advisers working at wealth management firms and private banks? If so, please can you provide a breakdown which includes these segments

https://www.fca.org.uk/data/retail-intermediary-market-2019 Total number of advisers for the larger firms

Could you please let me know the following from your product sales data?

• The number of mortgage sales by month or quarter, starting in January 2019 up to and including the most recent month/quarter you hold data for in 2020, broken down by loan-to-value (for example, 95% LTV, 90% LTV, etc.)
• The number of mortgage sales by month or quarter, starting in January 2019 up to and including the most recent month/quarter you hold data for in 2020, broken down by income multiples.

FOI7811 response

FOI7811 response annex

• The number of open FCA cases relating to market conduct (specifically under MAR);
• The number of active investigations into individuals relating to market conduct; and
• The number of active investigations into companies relating to market conduct.

I would like the following information about Retirement Interest Only Mortgages:

• How many have been taken out since they were launched by month?
• Can you please provide an age breakdown of retirement interest only mortgage holders in the following age categories: 25-49, 50-64, 65-74, 75-90

1. How many complaints on pension transfers did you receive in 2019 from clients of advisers?
2. How many complaints on pension transfers did you receive in 2020 from clients of advisers?
3. How many concerns from advisers have you received in 2020 regarding fund closures?
4. How many financial advice firms became unregulated in 2019 by you due to their own wrongdoing?
5. How many financial advice firms became unregulated in 2020 by you due to their own wrongdoing?

I am requesting a list of all firms on the FCA's register that have or have had claims management company authorisation.

Further and assuming it does not jeopardise the request above, I want data as to whether or not a firm is currently authorised.

In addition, separately, I want up to date information (as of the day this request is received) on: How many CMCs are now operating in the market with full regulatory authorisation? How many are still in the application process?

I am also requesting, assuming this does not jeopardise my above requests, information as to the number of CMCs that have been authorised by the FCA and later had permissions removed.

FOI7788 response

FOI7788 response  annex 

FOI7788 response  annex b

How many clone firm warnings has the FCA issued in 2015, 2016, 2017, 2018, 2019 and so far in 2020?

Of these, how many involved the use of a paid advert on a search engine or social media platform?

On a month-by-month basis, how much has the FCA spent on search engine adverts between 2015 and October 2020?

Clarified request (29/10/2020):

1. Your request refers to 'Independent Financial Advisers'.  Advisers can offer either an independent or a restricted service.  Can you please confirm whether you are seeking information for the whole financial advice sector, or split between independent or restricted advice?

1. I am not interested in the information on the whole financial advice sector but instead just the independent financial advice sector.

2. You have also asked for "funds under management" per firm.  However, please note that financial advice firms do not have 'funds under management'.  Whilst financial advisers provide regulated financial advice they do not manage investments on behalf of investors the way that fund or asset managers do.

2. Yes apologies, it isn't the 'FUM' but rather the funds under advice which is of interest to me.

3. What do you mean by "other financial information"?

3. By 'other financial information' what was meant is data from the firm's financial statements such as total revenue and expenses, P/L;  total assets, total liabilities, cash at hand;  and also number of employees. - if available.

4. The list previously disclosed under reference FOI3002 (as per the link provided in your request) relates to firms "that fell within the Financial Services Compensation Scheme's investment intermediary subclass" for specific years.  This seems unrelated to your request for a "list of currently active Independent Financial Advisors".  Can you please confirm whether this reference is correct?

4. The reference is in fact incorrect. I am not interested in a list of firms "that fell within the Financial Services Compensation Scheme's investment intermediary subclass"  but rather a list of currently active Independent Financial Advisors as you stated.

Original request (02/10/2020):

Information regarding the list of currently active Independent Financial Advisors, and if available with the total number of employees per firm, and total amount of client assets (Funds under management) per firm, and other financial information.  If I'm not mistaken, this list was https://www.fca.org.uk/publication/foi/foi3002-information-provided-1.pdf for the year 2011-2012.  However, this list is outdated and includes restricted advisors (not IFAs) and does not show firm size, etc.

Information on the number of prosecutions pursued and convictions obtained by the FCA in the period 1 January 2010 – 1 October 2020 in relation to all criminal money laundering offences under the following statutes and regulations:

1. Proceeds of Crime Act 2002 (the offences under sections 327 – 333 and section 342)
2. Money Laundering Regulations 2007
3. Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017

• Redundancy
• Dismissal/ termination of employment or contract
• Suspension

2. Under section 3B.01, I would like to know the number of notices of ceasing to perform controlled functions the FCA has received where the reason stated was:

• Redundancy
• Dismissal/ termination of employment or contract
• Suspension

Please separate the data for each reason given and for senior management functions and controlled functions.

I would like the data broken down for each month for each of the last five years with a year-end date of 30 September or whichever year-end is most convenient. If you cannot provide data for each month for each of the last five years, then please provide data for each month for each of the last three years. If that is not possible, then please provide data for each month for each of the most recent two years.

If you cannot break the data down for each month, then please break the data down for each of the last five years with a year-end of 30 September or whichever year-end is most convenient. If you cannot provide data for each of the last five years, then please provide data for each of the last three years. If that is not possible, then please provide data for each of the most recent two years.

• a) how many enforcement investigations were opened against individuals, under the Senior Managers & Certification Regime (or, where relevant, the Senior Insurance Managers Regime) ("Investigations Opened"), in each of (i) 2016; (ii) 2017; (iii) 2018; (iv) 2019; and (v) between 1 January and 30 September 2020;
• b) how many of the Investigations Opened in each of (i) 2016; (ii) 2017; (iii) 2018; (iv) 2019; and (v) the first 9 months of 2020, has ended with some form of regulatory action beging taken against 1 or more individuals; 
• c) how many of the Investigations Opened in each of (i) 2016; (ii) 2017; (iii) 2018; (iv) 2019; and (v) the first 9 months of 2020, concerned individuals who were approved as an SMF1, SMF3, SMF4, SMF16, and/or SMF17; 
• d) how many of the Investigations Opened in each of (i) 2016; (ii) 2017; (iii) 2018; (iv) 2019; and (v) the first 9 months of 2020, has ended with some form of regulatory action being taken against an individual approved as an SMF1, SMF3, SMF4, SMF16 and/or SMF17;
• e) in each of the 12 month periods beginning 28 September 2017; 28 September 2018; and 28 September 2019, how many of the Investigations Opened concerned "non-financial" misconduct of the kind referred to by Megan Butler in her letter to the Women and Equalities Committee of the House of Commons dated 28 September 2018 (for example, sexual harassment, sexual discrimination or other forms of sexual misconduct);
• f) how many of the Investigations Opened in each of the periods referred to in (e), has ended with some form of regulatory action being taken against an individual for non-financial misconduct.

A while ago you kindly shared all firms with me which had investment management permissions.

I would be grateful if you could provide me with an updated version.

FOI7747 response

FOI7747 response annex

I have FOI requests in regards to crypto-asset registration.

1. How many applications have been received to date for company registration for crypto-asset activities?
2. How many of those have been accepted, refused, are still pending?
3. Can you determine an average time for a decision on applications?
4. At any time over the past 6 months, was the offices for this decision-making closed due to covid-19?
5. If so, for how long were the offices closed?
6. Has there been a department reduction of staff at any point as a result of covid-19, due to illness, quarantine or similar?
7. Has the department worked at reduced operating hours?
8. Is the department at normal operation currently?
9. Are any staff working from home now, or at any point previously?

This is a repeat of my request last year (ref FOI 6817), but in relation to data for the current year ended 31 March 2020.

In your recent Retirement income market data 2019/20 data release you included information on policies and flows, but did not have any update on the stock positions. You have previously disclosed this stock data in Data Bulletin: September 2018, Issue 14.

Could you please publish the aggregated Retirement Income Stock Data you collected in Part 1 (questions 4-16) of the REP016 retirement income market study data return, for the period March 2019 - March 2020? 

It would be helpful if you could include this aggregated stock data in the underlying data spreadsheet in future annual retirement income data releases to help monitor scale and growth trends in the retirement income market.

FOI7728 response

FOI7728 response request

I'm seeking the following information under the Freedom of Information Act: 

• The number of active investigations into financial institutions' failure to implement internal systems and controls in regards to money laundering
• The number of these investigations opened in 2020
• The number of these investigations opened in 2019 
• The number of these investigations opened in 2018
• The number of these investigations opened in 2017

Based on the FCA's explanation of how it regulates senior management functions (https://www.fca.org.uk/firms/approved-persons/senior-management-functions), how many interviews has the FCA held with individuals applying for senior management function roles prior to approving them?

If it is possible to break this data down by subsectors of the financial services industry (e.g. banks, insurers, asset managers, or whichever breakdown is used internally by the FCA), please do so.

I would like this data for each of the last five years, preferably with a year end date of September 30. If this data is not available with this year end, please use whichever year end is used internally by the FCA. If five years of data are not available, please supply three years. If this is not possible, please supply two years of data.

Under the Freedom of Information Act and in reference to a previous FOI response (your ref: FOI7337), I would like to know the following:

1. How many inquiries has the FCA opened relating to cryptocurrency businesses?
2. How many ongoing inquiries are there at present?

Please provide this data broken down by quarter for each of the last five years, with a year-end of June 30 (or the latest quarter available). If you are unable to provide the data for the last five years, please just provide it for each of the last three years. If this is not possible, please provide the data for each of the last two years. If this is not possible, please provide the data for the latest year available. 

CLARIFICATION:
Regarding the FOI response (ref: FOI7593) below, we would like to know:
 
• The number of inquiries that the FCA has opened relating to cryptocurrency businesses 
 
Please provide this data on the number of inquiries opened for each of the following periods:
 

• October 1 2015 – December 31 2015
• January 1 2016 – March 31 2016
• April 1 2016 – June 30 2016
• July 1 2016 – September 30 2016
• October 1 2016 – December 31 2016
• January 1 2017 – March 31 2017
• April 1 2017 – June 30 2017
• July 1 2017 – September 30 2017
• October 1 2017 – December 31 2017
• January 1 2018 – March 31 2018
• April 1 2018 – June 30 2018
• July 1 2018 – September 30 2018
• October 1 2018 – December 31 2018
• January 1 2019 – March 31 2019
• April 1 2019 – June 30 2019
• July 1 2019 – September 30 2019
• October 1 2019 – December 31 2019
• January 1 2020 – March 31 2020
• April 1 2020 – June 30 2020
• July 1 2020 – September 24 2020 (or the latest date possible) 

If providing this data is outside of the FOIA limit, please just prioritise the quarters for 2018, 2019 and 2020. If it is not possible to provide the data broken down by quarter then please provide the data broken down by year for each of the following periods:

• July 1 2015 – June 30 2016
• July 1 2016 – June 30 2017
• July 1 2017 – June 30 2018
• July 1 2018 – June 30 2019
• July 1 2019 – June 30 2020

Please do let me know if you require any further clarification on the above.

• the number of investigations the FCA has opened and/or completed into the UK's Bounce Back Loan Scheme
• the number of investigations the FCA has opened and/or completed into the UK's CBILS program
• the number of investigations the FCA has opened and/or completed into the UK's CLBILS program
• the name of any borrower and the value of the loan under each of the three schemes (BBLS, CBILS, CLBILS) that is being investigated

1. Can you please advise how many Claims management companies are under investigation for breach of the Financial Services and Markets Act 2000 (Financial Promotions) Order 2005?
2. Would it be possible to provide the name(s) of the companies under investigation too?

Refinement of FOI7548 limited to questions 1 and 3:

1. Details of the number of SARs sent by the FCA to NCA during 2019;

3. A copy of any internal guidance the FCA has for its staff on the submission of SARs to the NCA

Request 1

The FCA's Q4 2019/20 register of skilled persons reports (s166) (https://www.fca.org.uk/publication/data/skilled-persons-q4-19-20.pdf) shows 9 s166 reports were commissioned for retail banking and a further 6 commissioned for retail lending. 

1. How many of these firms are classed or class themselves as Fintechs?

2. Of the fintechs in this cohort of s166s what were the "lots" or types of reports commissioned (ie client assets, financial crime etc as per the FCA categories)?

3. How many firms classed as fintechs were subject to s166s in Q1 2020/21?

4. What were the "lots" or types of reports commissioned (ie client assets, financial crime etc as per the FCA categories)?

Request 2

5. How many s166 skilled persons reports have been commissioned for firms that took part in the FCA's sandbox programme?

6. What "lots" or types of reports were commissioned (ie using the FCA categories https://www.fca.org.uk/publication/documents/skilled-person-panel-lot-descriptions.pdf)?

• The number of investigations opened in 2020
• The number of investigations closed in 2020
• The number of investigations opened since 16 March
• The number of investigations closed since 16 March

I am making a request for information under the Freedom of Information Act about agreements made under ss. 71-74 of the Serious Organised Crime and Police Act 2005 (SOCPA) by the FCA.

I would like to have a set of specific, discrete data, please:

(i) How many 'full immunity notice' agreements were made by the FCA under s.71 SOCPA for the time period 1 April 2020 to 30 September 2020?

(ii) How many 'restricted-use undertaking' agreements were made by the FCA under s.72 SOCPA for the time period 1 April 2020 to 30 September 2020?

(iii) How many 'co-operating witness' agreements were made by the FCA under s.73 SOCPA for the time period 1 April 2020 to 30 September 2020?

(iv) How many 'sentence review' agreements were made by the FCA under s.74 SOCPA for the time period 1 April 2020 to 30 September 2020?

1. In the last ten years (or five years if ten is too much) have you fined/banned (taken any enforcement action) against a mortgage firm for having a misleading promotion. If so, in what form and how many firms? 
2. More specifically, can you say if in the last ten years (or five) have you taken any enforcement action (fined or banned) against a mortgage firm for misleading financial promotions relating to its lead generation sources. 
3. Have you taken any enforcement action (five or ten years) against a mortgage lead generation firm 'acting' as a mortgage broker but without the correct authorisation.

Refinement received: 

I would like to issue a refined freedom of information request as outlined below: 

• • Question 1 for the full period requested and,
• • Question 2, where we are able to consider the data on an annualised basis for 2017, 2018 and 2019. 
• I look forward to hearing back from you. 

Question 1

I am attempting to get an update on the FCA's latest analysis of the intermediary sector based on data drawn from the Retail Mediation Activities Return (RMAR). I am interested in the FCA's figures on the professional indemnity insurance market related to regulated adviser firms.

Table 5 in this link (https://www.fca.org.uk/data/retail-intermediary-market-2018#pii) gives a breakdown of professional insurance indemnity premiums paid by financial adviser firms. Would the FCA be able to provide these figures below:

The proportion of financial adviser firms with an exclusion of any kind on their PI policy on an annualised basis for 2018, 2017, 2016, 2015.

Provide a breakdown of reported exclusion by the following categories:

• Commercial
• Critical illness
• Endowments
• Equity release
• Financial services
• General insurance
• Income drawdown / withdrawal
• Income protection
• Investment bonds
• Mortgages - impaired credit
• Mortgages - self certification
• Personal pensions and AVCs
• Structured products
• Other decumulation, life, and pensions
• Other general insurance
• Other investments
• Other mortgages
• Other pure protection
• Other (FSA regulated business)

Question 2

I am attempting to get an update on the FCA's latest analysis of the intermediary sector based on data drawn from the Retail Mediation Activities Return (RMAR).

Table 5 in this link (https://www.fca.org.uk/data/retail-intermediary-market-2018#pii) gives a breakdown of professional insurance indemnity premiums paid by financial adviser firms.

Can you provide data in Table 5 but only include regulated adviser firms that have or had defined benefit permissions on an annualised basis for  2017, 2016, 2015? 

Period required - 1 January 2014 to 31 December 2019

I would like to know how many

1. Prohibitions and
2. Suspensions

have been given to approved persons based solely on offences and/or convictions committed in the course of their personal life (i.e. non regulatory)

I am requesting, under the terms of the Freedom of Information Act 2000, information on the number of prosecutions in England & Wales for the period January 2010 to September 2020 of (separately):

(a) companies; and

(b) individuals,

for the category of "white collar crime", defined as the following offences:

• Money laundering;
• Fraud by company director;
• False accounting;
• Conspiracy to defraud;
• Other fraud;
• Preserved other fraud and repealed fraud offences (pre-Fraud Act 2006); 
• Computer Misuse Act 1990 S1(3) - Unauthorised access to computer material;
• Computer Misuse Act 1990 S2 - Unauthorised access with intent to commit further offences, etc;
• Computer Misuse Act 1990 S3 - Unauthorised acts with intent to impair, etc;
• Computer Misuse Act 1990 S3A - Making, supplying or obtaining articles for use in offence under Sections 1 or 3;
• Fraud by false representation: cheque, plastic card and online bank accounts;
• Fraud by false representation: other frauds;
• Fraud by failing to disclose information;
• Fraud by abuse of position;
• Bankruptcy Offence - indictable only;
• Bankruptcy Offence - triable either way;
• Companies Acts 1948 to 1989;
• Companies Act 2006;
• Computer Misuse Act 1990 S.1;
• Consumer Credit Act 1974;
• Acting with intent to defraud and to the prejudice of Her Majesty the Queen and the Public Revenue; and
• Offences under the Bribery Act 2010.

These are categories of offences that are listed in the most recent criminal justice statistics publication, found at the following link: https://www.gov.uk/government/statistics/criminal-justice-system-statistics-quarterly-december-2019

1. No. of CASS firms split by industry as at 30 April 2020 (industry definition can be determined by FCA).
2. Further to number 1, the split of these firms by CASS firm type (small, medium, large) as at 30 April 2020.
3. Number of FCA regulated firms which have permission to hold client money (i.e. in-scope for CASS 7 audit) as at 30 April 2020.
4. Number of FCA regulated firms which have permission to safeguard custody assets (i.e. in-scope for CASS 6 audit) as at 30 April 2020.

FOI7604 response

FOI7604 information provided

1. How many investigations into misconduct (or similar) is the FCA currently conducting?
2. How many of these are advice firms?
3. How many investigations has the FCA undertaken in 2020? (and how many were advice firms)
4. How many investigations did the FCA undertake in 2019? (and how many are advice firms)
5. What were the main reasons for these investigations?

Under the freedom of information act and with reference to a previous FOI FOI6796, I would like to know

• The number of "prohibition orders" issued by the FCA (as detailed here: https://www.handbook.fca.org.uk/handbook/glossary/G917.html)

I would like the data for Q3 and Q4 2019, and Q1 Q2 Q3 2020 (i.e. covering the quarters since the previous response in FOI 6796)

FOI7652 response

FOI7652 response annex

1. The total number of breaches of the 10% limit on holding of unquoted securities under UCITS for each month in 2020: January, February, March, April, May, June, July, August and September.
2. The total number of funds that breached the 10% limit on holding of unquoted securities under UCITS for each month in 2020: January, February, March, April, May, June, July, August and September.

• How many active investigations are there into "dividend stripping tax avoidance schemes that have operated in Denmark, Germany, France and Italy" as described by Mark Steward in a speech in February 
• How many investigations are there into cum-ex trades (if different from above)
• How many of these investigations are focused on companies? 
• How many of these investigations are focused on individuals?

Please provide the following information for the companies that you regulate and/or authorise for the period Jul-Sep 2020:

Number of reportable data breaches made to FCA individually or in conjunction with the ICO - calculated monthly and categorised by sector.

I would like to request the FCA's data on the total number of firms that are authorised to give financial advice that have been contacted by the FCA regarding misleading financial promotions online between 1 January 2019 and 1 August 2020.

I request this information in an email response, in a table where convenient, but otherwise at the FCA's discretion.

If it is not possible to provide the information requested due to the information exceeding the cost of compliance limits identified in Section 12, please provide advice and assistance, under the Section 16 obligations of the Act, as to how I can refine my request.

If you need any clarification on any part of my request then please contact me using this email address. Under your section 16 duty to provide advice and assistance I would expect you to contact me if you find this request unmanageable in any way before the twentieth working day.

If for any reason you are not able to fulfil all parts of my request, please respond to those that you can respond to, setting out your reasons for not responding to the entire request.

I would be grateful if you could confirm in writing that you have received this request, and I look forward to hearing from you in the near future. I would like this communication to be delivered via email.

For each of the periods (i) 1 April 2015 to 31 March 2016; (ii) 1 April 2016 to 31 March 2017; (iii) 1 April 2017 to 31 March 2018; (iv) 1 April 2018 to 31 March 2019; (v) 1 April 2019 to 31 March 2020; and (vi) 1 April 2020 to the date of preparation of the response to this request, please provide (in each case in relation to the exercise of competition enforcement powers only):

(a) the number of 'advisory letters' the FCA issued;

(b) the number of 'on notice letters' the FCA issued;

(c) the number of open enforcement investigations the FCA conducted;

(d) the number of Statement of Objections the FCA issued;

(e) the number of enforcement investigations the FCA closed (with or without action taken);

(f) the number of enforcement investigations the FCA closed with no action taken; and

(g) the number of enforcement investigations the FCA closed resulting in a financial penalty.

For each of the responses provided in response to parts 1(a) to 1(g) above, please provide a breakdown showing whether the applicable enforcement powers were exercised under:

(i) Chapter 1 of CA98;

(ii) Chapter 2 of CA98;

(iii) Article 101 of the Treaty on the Functioning of the European Union (TFEU); and/or

(iv) Article 102 of TFEU.

Please provide the following information under the Freedom of Information Act. Where possible, a response before the 12 October 2020 would be appreciated. 

1. How many Enforcement investigations have been opened for potential breaches of Article 15 Market Abuse Regulation (MAR) since 1 March 2020

2. Of those, how many concern market manipulation as defined in the following

a. Article 12(1)(a) MAR

b. Article 12(1)(b) MAR

c. Article 12(1)(c) MAR

d. Article 12(1)(d) MAR

3. How many Markets Oversight investigations have been commenced into issuer announcements and/or failure to disclose inside information between 1 March 2020 and 1 September 2020 as compared to the same period in 2019.

4. Since the Market Abuse Regulation came into force, how many enforcement investigations has the FCA opened concerning Article 15 and Article 12(1)(c) MAR (disseminating information which gives false or misleading signals etc) into someone who was not an issuer of the financial instruments in question? If possible please specify the number of investigations according to the following categories:

a. issuer employee / other issuer representative

b. journalist 

c. research provider 

d. social media platform / user

e. other market participant

5. FOIA response FOI7123 indicates that in 2018 the FCA opened 1 spoofing investigation in 2018 and none in 2019. How is spoofing defined for these purposes?

Subject matter: CP20/11 - Complaints against the Regulators

Business area/division - not known (could be public affairs)

Dates - 20 July 2020 to 10 September 2020

On 11 September 2020 the Financial Conduct Authority and Bank of England issued a joint open letter to the Treasury Committee containing a claim that, 'As part of the consultation process, from the outset we have proactively sought input from users of the scheme as well as consumer organisations.'

Please clarify how many users of the scheme and how many consumer organisations the FCA proactively sought input from, and how they were selected.

1. Please can you confirm the current number of open FCA enforcement investigations? 

2. Please can you confirm how many of the enforcement investigations referred to in the response to 1. are into: 

a. Firms?

b. Individuals? 

3. Please can you confirm how many of the enforcement investigations referred to in the response to 2b. are into:

a. Individuals who are classified as Senior Managers under the Senior Managers and Certification Regime (the SMCR)? 

b. Individuals who are identified by their firms as being Certified Persons for the purposes of the SMCR? 

c. Individuals who are neither Senior Managers nor Certified Persons but are required to comply with the FCA's Code of Conduct (COCON)? 

4. How many enforcement investigations does the FCA have open into alleged 'non-financial misconduct'? By non-financial misconduct, we mean the conduct referred to by the FCA in various speeches and publications as including alleged sexual misconduct, harassment, bullying, discrimination, intimidation, favouritism and/or exclusion.

5. How many of the enforcement investigations referred to in 4. above are into: 

a. Firms?

b. Individuals?

Updated Request: 22/09/2020

Since the timescale has changed, please can we ask that the data is from the time period 1st January - 19th August 2020.

With this in mind, please find the time period specified in the questions below. 

1. How many firms has the FCA investigated for defined benefit transfer advice misconduct from 1st January – 19th August 2020?
2. How many individuals has the FCA investigated for defined benefit transfer advice misconduct from 1st January – 19th August 2020?

Original request: 19/08/2020

I am writing to make an open government request for all the information to which I am entitled under the Freedom of Information Act 2000.

Please can you tell us:  

1. How many firms has the FCA investigated for defined benefit transfer advice misconduct in 2020 so far?
2. How many individuals has the FCA investigated for defined benefit transfer advice misconduct in 2020 so far?

I would like to request the FCA's data on the total number of firms that are authorised to give financial advice that have given up and/or restricted their defined benefit transfer permissions at the request or instruction of the FCA between January 1 2020 and August 1 2020.

I request this information in an email response, in a table where convenient, but otherwise at the FCA's discretion.

I would like to request the FCA's data on the total number of firms that are authorised to give financial advice that have had Asset Retention Requirements imposed on them by the FCA between 1 August 2019 and 1 August 2020.

I request this information in an email response, in a table where convenient, but otherwise at the FCA's discretion.

If it is not possible to provide the information requested due to the information exceeding the cost of compliance limits identified in Section 12, please provide advice and assistance, under the Section 16 obligations of the Act, as to how I can refine my request.

If you need any clarification on any part of my request then please contact me using this email address. Under your section 16 duty to provide advice and assistance I would expect you to contact me if you find this request unmanageable in any way before the twentieth working day.

If for any reason you are not able to fulfil all parts of my request, please respond to those that you can respond to, setting out your reasons for not responding to the entire request.

I would be grateful if you could confirm in writing that you have received this request, and I look forward to hearing from you in the near future. I would like this communication to be delivered via email.

Clarified request:

Please respond with details on both points, 1 and 2 on the 55 firms whose files were checked.

Aggregated requests:

Request 1:

1. As part of the FCA's market-wide review into DB transfer advice in 2019/20 - how many firms where found to be charging clients on a contingent basis for DB transfer business?

2. Of those, what was the total percentage of DB transfers that went ahead when charged on a contingent basis?

Request 2:

3. During the FCA's market-wide review in DB transfer business, how many firms were found to have inadequate/or no professional indemnity insurance cover in place?

Clarified request 07/09/2020

When we refer to 'Investment Firms' we mean 'Markets in Financial Instruments Directive (MiFID) investment firms' (and not Alternative Investment Fund Managers Directive firms).

Original request 07/08/2020

1. The total number of investment firms in the UK

2. The breakdown of this number into the following categories:

a) Exempt CAD

b) CRR limited license

c) CRR full scope

Q1)  How many enforcement investigations have been opened under the Senior Managers Regime, since it came into force on 7 March 2016, where one or more of the individuals investigated is a Senior Manager?

Q2)  How many successful enforcement actions have been taken, as a result of an investigation opened under the Senior Managers Regime, since it came into force on 7 March 2016, where one or more of the individuals investigated is a Senior Manager? 

Q3)  How many enforcement investigations opened under the Senior Managers Regime, where one or more of the individuals investigated is a Senior Manager, remain open as of 7th September 2020?

FOI7627 response

FOI7627 response annex

Under the Freedom of Information Act and in reference to a previous FOI (ref: FOI6916), I would like to know:

• A breakdown of the value of income drawdowns and the total number of income drawdowns by people aged 55

Please could I have the data broken down by the following quarters:

• 2019 Q3
• 2019 Q4
• 2020 Q1
• 2020 Q2

Please do not hesitate to contact me if you have any questions on the above.

In reference to the below FOI response - Our Ref: FOI7503

Under the Freedom of Information Act, I would like to know:

• 1.  The total number of sales of annuities as reported in submissions by FCA regulated firms made to Gabriel
• The total value of sales of annuities as reported in submissions by FCA regulated firms made to Gabriel

I would like data for each question for each of the following periods:

• 1 April 2020 - 30 June 2020 (Q2 2020)
• 30 June 2020 - most recent day possible

I am writing to request information as set out below under the Freedom of Information Act 2000.

I should be grateful if you could please send me:

1. How many open investigations are you currently running related to insider dealing?

2. How many open investigations are you currently running related to market manipulation/abuse?

3. The number of reported incidents involving insider dealing or market manipulation/abuse in the financial years:
(a) 2019/2020
(b) 2018/2019
(c) 2017/2018
(d) 2016/2017
(e) 2015/2016

4. The number of investigations conducted in relation to insider dealing or market manipulation/abuse in the financial years:
(a) 2019/2020
(b) 2018/2019
(c) 2017/2018
(d) 2016/2017
(e) 2015/2016

5. The number of charges raised which involved insider dealing or market manipulation/abuse in the financial years:
(a) 2019/2020
(b) 2018/2019
(c) 2017/2018
(d) 2016/2017
(e) 2015/2016

6. The number of convictions involving insider dealing or market manipulation/abuse in the financial years:
(f) 2019/2020
(g) 2018/2019
(h) 2017/2018
(i) 2016/2017
(j) 2015/2016

If you could include the alleged values involved, that would be most helpful.

I would like to know the number of investigations into asset management firms that took place in the following periods:

- Calendar year 2018-2019
- Calendar year 2019 - 2020
- From January 2020 to 15 August 2020 

I would also like to know the number of FCA investigations into Authorised Corporate Director (ACD) firms that took place in the following periods:

- Calendar year 2018-2019
- Calendar year 2019 - 2020
- From January 2020 to 15 August 2020

In regard to the below information provided under the freedom of information act by the FCA, I wish to ask under the same legislation what the theme, or themes if multiple, were the complaints about?

The above is a following a response to FOI7444:
"How many whistle-blower inquiries / complaints about firms/advisers did the FCA receive in 2019?
How many whistle-blower inquiries / complaints about firms/advisers did the FCA receive in 2020 until end of June?"
We are handling your email as a request for information under the Freedom of Information Act 2000 (FOIA). 
 
In your email of 21 July 2020, you have clarified that your questions relate to the data concerning the whistleblowing reports in relation to adviser and advice firms.
 
As such we can confirm that we have received 137 whistleblowing reports in 2019 and 60 (up to the end of June 2020) about adviser and advice firms. Please note that the data provided is in regards to advisers or firms whose primary business is offering financial advice. 

I wrote a piece today following an FOI request sent to you on how many advice firms backed out of their FCA authorised status in 2020 and 2019. (https://www.professionaladviser.com/news/4018653/revealed-advice-firms-giving-authorised-status-jumps). I would now like to write a follow up.
My questions to you are:
1. How many advice firms became authorised in the year leading up to June 2019?
1. How many advice firms became authorised in the year leading up to June 2020?
3. How many registered individuals were authorised in the year leading up to June 2019?
4. How many registered individuals were authorised in the year leading up to June 2020?

see below following clarification - requester advised only Q1 and Q2 should be responded.

On 13/2/2020 Mark Steward, FCA Executive Director of Enforcement and Market Oversight, stated that the FCA ordered firms to pay a total of £231 million in restitution over the course of 2019. ( Source: https://www.fca.org.uk/news/speeches/penalties-remediation-and-our-general-principles )

Request:
1) For the year 2019 please provide a breakdown of this £231 million figure by at least:  firm/individual | breach of which rule/law/COBs| restituion amount;

2) Also Provide 1) for the year 2018.

If the FCA deems it necessary to redact the name, please explain the basis, but still provide the amount and other fields.

I am trying to understand the impact of the COVID-19 pandemic on the work of the FCA and in particular the impact of the "lock-down" period which began on 23 March 2020. 

Could you please let me know:

• How many new firms has the FCA authorised over the last two years? I would like this information broken down by month, with the year-end June 23rd 2020.
• How many Skilled Persons appointments pursuant to s.166 of FSMA have been made by the FCA over the last two years? I would also like this information broken down by month, with the year-end June 23rd 2020.
• How many Warning Notices have been issued by the FCA for any reason over the last two years? I would also like this information broken down month by month, with the year-end June 23rd 2020.

I understand that you will treat this request in accordance with your obligations under the Freedom of Information Act 2000. Please note that I am happy to waive aspects of this request if it could lead to meaningful information regarding the impact of the COVID-19 pandemic on the work of the FCA being provided to me in a pragmatic manner.

FOI7415 response

In reference to a previous FOI response (your ref: FOI7295). 

Under the Freedom of Information Act, I would like to know the following:

1. The total number of sales of structured products as reported in submissions by FCA regulated firms made to Gabriel in each of the last five years; 
2. The total value of sales of  structured products as reported in submissions by FCA regulated firms made to Gabriel in each of the last five years.

Please breakdown structured products using whatever categories are used internally.
 
Please provide the data broken down by quarter for each of the last five years with a year-end 30 June or whichever year-end date is most convenient. If you cannot provide data for each of the last five years, then please data for each of the last three years. If that is not possible, then please data for each of the most recent two years.

FOI7530 response

FOI7530 Annex A

FOI7516 response

FOI7516 Annex A

FOI7505 response

FOI7505 Annex A

FOI7503 response

FOI7503 Annex A

Please may I have an update on the below for 2019 and 2020 for CF10/11s and SMF16/17s

(for those who hold both functions and those who hold 10 or 11, or SMF16 or 17. I.e. a pure update on below).

FOI5749
"I have previously requested information relating to the sex of CF10 and CF 11 holders over the years.

Please can I request an update of this for the last five years – with the addition of columns now for SMF16 and 17 holders.
I would like to know the breakdown of sex by function."

FOI4462
"Please can I have the below functions split by gender where the applicant have stated Mr, Ms, Mrs and Miss in their application.

How many Control Function 10 Holders are women
How many Control Function 11 Holders are men
How many Control Function 10 and 11 holders are women
How many Control Function 10 and 11 holders are men

How many whistleblower inquiries/complaints about firms/advisers did the FCA receive in 2019?

How many whistleblower inquiries/complaints about firms/advisers did the FCA receive in 2020 until end of June?

Under the FOI Act I would like to know: 

• How many enforcement cases/investigations targeting individuals were opened by the FCA over the last two years? I would like this information broken down by type and by month, with the year-end June 23rd 2020. 
• How many enforcement cases/investigations targeting firms have been opened by the FCA over the last two years? I would like this information broken down by type and by month, with the year-end June 23rd 2020.
• How many section 178 change of control notices has the FCA received over the last two years? I would also like this information broken down by month, with the year-end June 23rd 2020. 
• How many section 178 change of control notices has the FCA approved over the last two years? I would also like this information broken down by month, with the year-end June 23rd 2020.
• How many section 178 change of control notices have been withdrawn by the firm after submission to the FCA but before any determination was made over the last two years? I would also like this information broken down by month, with the year-end June 23rd 2020.

Dear Information Officer, 

Thank you for your response to my Freedom of Information request (FOI7311 -  Right to know request). 
I have some questions about the response to question 1, which was not clear to me. I hope you can clarify. 

In response to question 1, you say that you have not taken any criminal investigation to its conclusion under the 2007 Money Laundering Regulation (MLR). Does that mean you have not prosecuted a firm and/or an individual under the 2007 MLR or that you have prosecuted a firm and/or individual and you have not won? If you have prosecuted cases and not won, can you please specify the cases? 

Also, would it be correct to assume that if you have not prosecuted a firm or an individual under the 2007 MLR, you have not prosecuted a money laundering case involving a firm or individual since 2007? 
 

Thank you for your response to our freedom of information request dated 11 June 202.  Unfortunately it did not quite give us the information we required and I would like to add some clarification to help return the data I require. I have added the clarification to our original mail and I would be grateful if you could respond accordingly 

1. Please can I ask for the number of firms that have been responsible for sending  the 400 notifications from firms regarding EMIR Art 9 reporting errors and omissions,  from 3 January 2018 to 29 May 2020. 

2.  MiFIR Transaction Reporting 'Error and Omission form  - Please can you tell us how many error and omission forms have been received  from 3 January 2018 to 29 May 2020. 

3. . Please can you tell me how many MiFIR transaction reports received by the FCA have been corrections of previously submitted reports

The field 1 'Status' in conjunction with fields 2 'Transaction Reference Number' and 4 'Executing Entity ID code' the can be used to determine whether the report is a correction. We appreciate that the methodology is convoluted, so we would be grateful if you can simply tell us how many reports were re-conceived in this period where the field 3 'Status' has been populated with a value of 'CANC'
 

1.  How many notifications of data breaches were reported by retail banks and payments to the FCA between 01/07/2019 and 31/12/12019?

2.  How many notifications of data breaches were reported by retail banks and payments to the FCA between 01/01/2020 and 30/06/2020?

3.  How many notifications of data breaches were reported by retail banks and payments to the FCA in the calendar year of 2019

4.  How many notifications of data breaches were reported by Atom bank, Revolut, Monzo, Monese, Starling, N26, Triodos Bank and Tandem Bank to the FCA between 01/07/2019 and 30/06/2020? (please note: the total amount of notifications of all these banks is fine, as opposed to a breakdown for each bank)

Under the Freedom of Information Act, I would like to know:
1. The number of dawn raids carried out by the FCA

Please could you provide this information for the 6 month period from 1 January – 30 June for the years:
• 2016
• 2017
• 2018
• 2019
• 2020

If responding to this request is going to exceed the time limit for one FOI, then please let me know and I will re-sumbit this request to fit in with your timeframe.
 

I request the following information under the Freedom of Information law:
- The total number of breaches of the 10% limit on holding of unquoted securities under UCITS for each of the following months: January, February, March, April, May and June 2020. 
- The total number of funds that breached the 10% limit on holding of unquoted securities under UCITS for each of the following months: January, February, March, April, May and June 2020.

The number of such breaches and funds has been discussed by the FCA in public fora (parliamentary hearings) and media on several occasions.

Dear FOI team,
This is a request for the following information
- How many notifications of inaccurate transaction reporting under MiFID II did you receive in 2018, 2019 and the first half of 2020 (Jan - June 30)?
- How many different firms did you receive these MiFID II inaccurate transaction reports from in 2018, 2019 and the first half of 2020 (Jan - June 30)?

Further to FOI6938, I would be grateful if you would treat this as a new request for information. I am interested in updated figures for the following: 

(1) How many live single track criminal investigations does the FCA currently have ongoing in relation to breaches of the MLR 2007 only?
(2) How many live single track criminal investigations does the FCA currently have ongoing in relation to breaches of the MLR 2017 only? 
(3) How many live single track criminal investigations does the FCA currently have ongoing in relation to breaches which span a single period encompassing both the MLR 2007 AND the MLR 2017? 

Please provide figures which count live investigations under one category above only (e.g. a single track criminal investigation into breaches alleged to have occurred in May 2003 should only be counted under (1) above and not (3) above)

(4) How many live dual track criminal/civil investigations does the FCA currently have ongoing in relation to breaches of the MLR 2007 only?
(5) How many live dual track criminal/civil investigations does the FCA currently have ongoing in relation to breaches of the MLR 2017 only? 
(6) How many live dual track criminal/civil investigations does the FCA currently have ongoing in relation to breaches which span a single period encompassing both the MLR 2007 AND the MLR 2017? 

Please provide figures which count live investigations under one category above only (e.g. a dual track criminal/civil investigation into breaches alleged to have occurred in May 2018 should only be counted under (5) above and not (6) above)

(7) How many single track criminal investigations into breaches of MLR 2007 and/or MLR 2017 has the FCA discontinued since January 2020? 
(8) How many dual track criminal/civil investigations into breaches of MLR 2007 and/or MLR 2017 has the FCA discontinued since January 2020? 

Please note that figures for discontinued investigations need not be separated by MLR 2007 or MLR 2017

I request the following information under the Freedom of Information Act:

• The number of active sanctions-related* investigations? 
• The number of these investigations opened in 2020 
• The number of these investigations opened in 2019
• The number of active investigations overall (split into criminal, regulatory and dual track if time permits). 

*I understand that the FCA investigates whether regulated entities have sufficient internal sanctions controls rather than breaches of sanctions, which lays with OFSI and the NCA. 

1. You have previously provided details of the numbers of cyber incidents reported to the FCA during the years 2015, 2016, 2017, 2018 and part of 2019 in response to requests FOI6469 and FOI6818. 

For the dates 2019 (Jan to Dec) and 2020 (Jan to the most recent data available), please set out the total number of incidents reported to the FCA and provide a breakdown of incidents by industry adopting the categories included in your response to request FOI6494, i.e., Retail Banking and Payments, Retail Lending, General Insurance, Pensions and Retirement Income, Retail Investments, Investment Management, Wholesale Financial Markets and by root cause, i.e., Hardware/Software, Change Management, 3rd Party Failure, Cyber Attack, Human Error, Process/Control Failure, Capacity Management, External Factors, Theft, Root Cause not Found). Please also provide a breakdown of the Cyber Attacks using the categories included in your response to request FOI6469, i.e., Phishing / Credential Compromise, Ransomware, 3rd Party Cyber Attack, Malware/Malicious code, DDOS, Root Cause of Attack Unknown and Root Cause Under Investigation.

2. For the dates 2018 (Jan to Dec), 2019 (Jan to Dec) and 2020 (Jan to the most recent data available), please set out the number of reported incidents for which the FCA opened investigations. Please set out the cumulative total for each year as well as the number of investigations for the following categories: Hardware/Software, Change Management, 3rd Party Failure, Cyber Attack, Human Error, Process/Control Failure, Capacity Management, External Factors, Theft, Root Cause not Found, Phishing / Credential Compromise, Ransomware, 3rd Party Cyber Attack, Malware/Malicious code, DDOS, Root Cause of Attack Unknown and Root Cause Under Investigation, Retail Banking and Payments, Retail Lending, General Insurance, Pensions and Retirement Income, Retail Investments, Investment Management, Wholesale Financial Markets.

3. Please set out the number of investigations into cyber incidents the FCA is currently conducting. 

4. Please set out the number of investigations involving incidents occurring at outsourced service providers that the FCA is currently conducting.
 

I wish to request the below information under Freedom of Information legislation from the FCA.

1. How many advice firms are currently under investigation by the FCA?
2. How many advice firms were under investigation by the FCA in 2019?

Section EG 10.3 of the FCA Handbook describes the regulators' ability to apply to the court for an asset-freezing injunction. https://www.handbook.fca.org.uk/handbook/EG/10/3.html 

1.  How many asset-freezing injunctions has the FCA applied for in the past five years (Jan 2015 to present)?
2.  How many asset-freezing injunctions did a court grant the FCA over the past five years?(Jan 2015 to present)
3.  What is the total assets the FCA was able to freeze in that same period?(Jan 2015 to present)
4.  How much in customer assets has the FCA been able to return to customers because an asset freezing injunction was granted? (Jan 2015 to present)
 

Under Freedom of Information, please provide me with the following:

• I would like to know how many mortgages are in negative equity in Northern Ireland. Please also tell me how this compares to the overall number of mortgages – i.e. what percentage of all mortgages in Northern Ireland are in negative equity?

• Please provide the most up-to-date figure as well as figures for the past 12 years if possible.  (N.B. If 12 years is too long a timeframe then please provide it for the longest period possible dating back from this year.)

• If not provided in your response to the above, please also provide a figure for when there were the highest number of mortgages in Northern Ireland in negative equity since the 2008 crash. 

In answer to all these questions, please provide your response in Microsoft Excel format, under the headings of 'year', 'number of mortgages in negative equity', 'total number of mortgages' and '% of total mortgages in negative equity'.
 

Please provide the following information for the companies that you regulate and/or authorise over the last 2 years: 

1. Number of reportable data breaches made to FCA individually or in conjunction with the ICO under DPA 2018 - calculated monthly and categorised by sector.

2. In regard to this first question, I can see that similar FOI requests have been made over recent months/years and would therefore like you to consider adding this requirement to your Publications Scheme, in accordance with the guidance set out by ICO. This is the sort of regular key information that should be readily available for both the FCA and wider public to better understand the performance of financial companies in the UK. Could you confirm you will take this proposal forward with relevant colleagues and whether this will be undertaken (or not). 

3. To the same end, in relation to the 2nd question, a sectoral analysis of whether UK financial companies are entering into BCP/DR situations seems to be perfectly reasonable key performance indicator that should be regularly analysed by the FCA and openly published on the same basis. Please confirm you will take this forward with colleagues and whether it will be regularly published in future (or not). 

FOI7423 response

FOI7423 Annex

The number of Controlled Functions automatically converted into equivalent Senior Manager Functions, broken down by year and by type of function. 

I would like data for each question for each of the last five years with a year-end of March 31.

Follow-up to FOI7262 for which we cited the cost limit exemption and offered to consider a refined request:

I am attempting to get an update on the FCA's latest analysis of the intermediary sector based on data drawn from the Retail Mediation Activities Return (RMAR).  I am interested in the FCA's figures on the professional indemnity insurance market related to regulated adviser firms.

Table 5 in this link (https://www.fca.org.uk/data/retail-intermediary-market-2018#pii) gives a breakdown of professional insurance indemnity premiums paid by financial adviser firms. 

Would the FCA be able to provide these figures below:
• The proportion of financial adviser firms with an exclusion of any kind on their PI policy on an annualised basis for 2019
• Provide a breakdown of reported exclusion by the following categories:
Commercial
Critical illness
Endowments
Equity release
Financial services
General insurance
Income drawdown / withdrawal
Income protection
Investment bonds
Mortgages - impaired credit
Mortgages - self certification
Personal pensions and AVCs
Structured products
Other decumulation, life, and pensions
Other general insurance
Other investments
Other mortgages
Other pure protection
Other (FSA regulated business)
 

Under the Freedom of Information Act and in reference to a previous FOI response (your ref: FOI6686), I would like to know the following:

• How many inquiries has the FCA opened relating to cryptocurrency businesses (since our last response from September 2019)?
• How many ongoing inquiries are there at present?

Hi all, 

Please can you provide a break down of the STORs received between 1 March 2020 - present day, breaking this down by month, by asset class and by type as done here: https://www.fca.org.uk/markets/suspicious-transaction-and-order-reports/number-stors-received-2019

Please can you also let me know the outcomes of these reports in aggregate (eg no action taken for [number] investigation ongoing for [number]), and whether any FCA action has been launched as a result of any of the STORs, and if so what type and for how many reports.

Clarified request:

1. How many sexual misconduct reports have been made to the FCA by individuals at businesses registered to carry out insurance operations (insurers, insurance intermediaries, appointed representatives)

      To clarify - I would like information both on and broken down into:

- Number of reports made to the FCA by firms around sexual harassment and discrimination
- Where it does not jeapordise this FOI, number of reports made by directly by individuals around sexual harassment and discrimination

2. I would also like to know the number of reports made to the FCA about sexual discrimination by individuals at FCA registered insurance businesses (insurers, insurance intermediaries, appointed representatives).

      To clarify - I would like information both on and broken down into:

- Number of reports made to the FCA by firms around sexual misconduct
- Where it does not jeapordise this FOI, number of reports made directly by individuals around sexual misconduct

I would like the data broken down by quarter starting from Q1 2014, using the most recent quarter end date that data is held for.

Original request:

Under the Freedom of Information Act, I would like to know: 
• How many sexual misconduct reports have been made to the FCA by individuals at businesses registered to carry out insurance operations (insurers, insurance intermediaries, appointed representatives)
• I would also like to know the number of reports made to the FCA about sexual discrimination by individuals at FCA registered insurance businesses (insurers, insurance intermediaries, appointed representatives).
I would like the data broken down by quarter starting from Q1 2014, using the most recent quarter end date that is possible.

The FCA sent out a financial resilience survey in June to around 13,000 firms. Firms were given seven days to complete the survey. 

1. Of the 13,000 firms which received the survey, how many submitted their answers on time for the deadline? And how many were late or did not respond to the survey at all? 

2. Of the above firms, how many financial advice firms submitted their answers on time? And how many advice firms were late in responding or did not respond to the survey at all? 

3. Of the advice firms which responded to the survey, how many said the coronavirus crisis threatened their survival? And what was the average amount of time firms which said the crisis threatened their survival expected to remain in business? 

Clarified 02/06

In reply to this FOI request, I wish to clarify what information I require. 

You are indeed right on the first point - (We believe you are asking:
i)   how long it takes the FCA to appoint a case officer to a new firm authorisation; and
ii)  how long it takes us to appoint a case officer for a Form A application linked to a CF30.)

On the second point, I require:  ii)  more generally, linked to new or already authorised firms?

Original request 22/04

On average, how long it takes the FCA to appoint a case offer to a firm authorisation and CF30 authorisation request? Looking at statistics for 2019, and so far in 2020 to end of April. 

In reference to a previous FOI request your ref: FOI5640
Under the Freedom of Information Act, I would like to know:

1.    How many investigations does the FCA launch into company directors each year. 
2.     A breakdown of the types of investigations launched, using whichever categories are used internally. 

Please provide the data for each of the last five years with a year-end 31st March or whichever year-end date is most convenient.  If you cannot provide data for each of the last five years, then please provide data for each of the most recent three years. If this is not possible then each of the most recent two years, if not the most recent year.

If any aspect of my request is unclear or if it looks like this request will exceed the time restrictions of the FOIA, then please do contact me.

1. Please can you let me know how many firms have submitted an 'EMIR Breach Notification form' to notify the FCA about any errors or omissions in their reports under Art. 9 of EMIR

(a) the total number of reports received from 3 January 2018 to 29 May 2020. 

(b) Additionally, please can you tell me how many firms have submitted a MiFIR Transaction Reporting 'Error and Omission form 

(c) and the total number of reports received during the same period.

2. Please can you tell me how many MiFIR transaction reports received by the FCA have been corrections of previously submitted reports

(a)  and what percentage this represents of the overall number of transaction reports submitted to the FCA in the period from 3 January 2018 to 29 May 2020.

FOI7336 response

FOI7336 annex

FOI7269 response

FOI7269 annex

Please may I have the figures of new insider dealing cases recorded by the FCA per month from January 2018 to May 2020. If insider dealing cases are not logged, please could I have the monthly figures of new market abuse cases over the same period.

If monthly figures are not available, please could I have the figures by reporting period for the same time frame.

If you can identify any ways that my request could be refined I would be grateful for any further advice and assistance. Equally if you have any queries please don't hesitate to contact me via email or phone and I will be very happy to clarify what I am asking for and discuss the request, my contact details are outlined below.

1. The number of defined benefit (DB) pension scheme members receiving transfer advice from FCA approved firms
2. The number of DB pension scheme members recommended to transfer out of their DB scheme by an FCA approved firm
3. The number of DB pension scheme members recommended not to transfer out of their DB scheme by an FCA approved firm
4. The number of DB pension scheme members transferring out of their DB scheme after receiving advice from an FCA approved firm
5. The number of DB pension scheme members not transferring out of their DB scheme after receiving advice from an FCA approved firm
6. The number of DB pension scheme members transferring out of their DB scheme after being recommended to transfer out of their DB pension scheme by an FCA approved firm
7. The number of DB pension scheme members not transferring out of their DB scheme after being recommended to not transfer out of their DB pension scheme by an FCA approved firm
8. The value of DB pension schemes where transfer advice has been provided by an FCA approved firm
9. The average value of DB pensions where transfer advice has been provided by an FCA approved firm

I would like the data broken down for each of the last five years with a year-end date of April 30 or whichever year-end is most convenient. If you cannot provide data for each of the last five years, then please provide data for each of the last three years. If that is not possible, then please provide data for each of the most recent two years. 

If it looks as if the work involved in responding to this Freedom of Information Request is going to exceed the time permitted to respond under the Freedom of Information Act, then please prioritise providing responses to requests 1, 2, 3, 4 and 5.

Please can you provide the percentage of mortgages that had loan to values exceeding 90% that are unadvised for Quarter 4 2019

Please also provide the number of mortgages that had loan to value exceeding 90% for Quarter 4 2019

FOI7316 response

FOI7316 response table

In reference to a previous FOI response FOI6467:

Under the Freedom of Information Act, I would like to know:

1.  The number of FCA Senior Managers Regime applications received each year broken down by the following titles as stated in their applications:
 
•  Mr
•  Mrs/Miss/Ms 
•  Alternate title 
 
2.  The number of FCA Senior Managers Regime applications that are approved each year broken down by the following titles as stated in their applications:
 
•  Mr
•  Mrs/Miss/Ms 
•  Alternate title 
 
3.   How many applications to perform approved person functions has the FCA received from men (Mr) and how many from women (Mrs/Miss/Ms) each year
Please could I have this data for 2019/20 with a year-end 31 March.

Has the FCA carried out any supervisory visits at adviser firms since 23 March 2020? 

Has the FCA been carrying out virtual supervisory meetings with adviser firms since 23 March 2020? 

If not, how has the FCA been carrying out supervisory work in the advice market since 23 March 2020? 

Crypto regulations query:

The FCA's June 30 deadline for crypto regulations is approaching fast - (https://www.fca.org.uk/firms/financial-crime/cryptoassets-aml-ctf-regime#revisions).

How many existing crypto businesses have applied for priority review so far?

1. The total number of sales by life insurers as reported in submissions by FCA regulated firms made to Gabriel in each of the last five years;
2. The total value of sales by life insurers as reported in submissions by FCA regulated firms made to Gabriel in each of the last five years;  

Please provide the data broken down by quarter for each of the last five years with a year-end 31st March or whichever year-end date is most convenient. If you cannot provide data for each of the last five years, then please data for each of the last three years. If that is not possible, then please data for each of the most recent two years.

I am aware that there is some data on sales by life insurers – reference link below. However, I am looking for some more updated data. 

https://www.fca.org.uk/data/product-sales-data/interpreting-data

If it looks like this request will not be possible under the time restrictions of the FOIA, then please prioritise question 1.

FOI7295 response

FOI7295 response table

In reference to the following FOI response (FOI6864): 

https://www.fca.org.uk/publication/foi/foi6864-response.pdf

In reference to the FCA's deep dive study on Defined Benefit pension transfers:

https://www.fca.org.uk/publications/multi-firm-reviews/defined-benefit-pension-transfers  

Under the Freedom of Information Act, I would like to know:

Since the results of the FCA's study on Defined Benefit pension transfers was published in June 2019: 

1. How many financial adviser firms have lost their permission to advise on pension transfers as a result of the FCA's assessments?
2. How many financial adviser firms have been visited by the FCA?
3. How many financial adviser firms have received letters from the FCA? 

If possible, please provide the data up to the most recent day to the present.

I am requesting information on the number of consumer credit products, in particular high-cost short term credit, specifically Payday loans, that have been bought over the past three years, up to April of this year, if possible. If it is viable, this information would ideally be formatted by financial quarter.

I would also like to receive information on the number of defaults in the same time period if the above task is possible to complete in the requisite 18 working hours

FOI7286 response

FOI7286 response annex

1. The total number of Controlled Function holders each year
2. This total number broken down by type of Controlled Function each year, as specified by the table of controlled functions in SUP 10A.4.4 R.

Please use this as reference - https://www.handbook.fca.org.uk/handbook/SUP/10A/4.html

I would like this information for each question for each of the last five years with a year end date 31 March - I.E. April 1 2019 - March 31 2020. If this is not possible, please could the data be broken down by calendar year - I.E. January 1 2019 - December 31 2020. Please specify which year-end is used in your response.

If you cannot provide data for each of the last five years, then please given me the data for each of the last three years. If this is also not possible, then please give me the data for each of the last two years.

a) How many skilled persons reviews has the FCA commissioned of financial advisory firms in the last three years - 2017/18, 2018/19, 2019/20;

b) How much did every skilled persons review cost to the firms in question - please provide breakdown of costs according to year and firm.

c) What was the outcome of every skilled persons review of financial advisory firms in the timeframe outlined in point A.

Could you please confirm the total number of SMF16 holders as of 1st May 2020?

Could you please confirm the number of SMF16 holder as at 10th December 2019?

How many SMF16 holders have responsibilities for entities which give advice to retail clients as of 1st May 2020?

How many SMF16 holders have responsibilities for entities which give advice to retail clients as of 10 December 2019?  

Prior to the introduction of the SM&CR how many Customer Function 30 holders were there giving advice to retail clients?

Does the FCA have an estimate of the number of Compliance professionals working at regulated entities giving advice to retail clients?

If the answer is yes to the previous question, please release the estimate?

1. Since January 2020 to date, how many investment firms have reported errors in their transaction reporting
2. Since January 2020 to date, how many firms has the UK regulator held visits, meetings or conference calls for the specific purpose of discussing the quality of their transaction reporting?
3. Since January 2020 to date,  how many firms have requested a data extract from the regulator's Market Data Processor (MDP) system against which to check the accuracy of their reporting?

Please provide an estimate of the number of individuals who currently come under the Senior Managers Regime.

As at the date of the FCA's response to this request, how many enforcement investigations does the FCA have open into:

1. Individuals who hold Senior Management Functions. Please also provide a breakdown of this number to show which Senior Management Functions are held by individuals under investigation. Please also provide a general description of the nature of these investigations (e.g. lack of fitness/propriety or culture/governance).
2. How many investigations commenced against individuals who hold Senior Management Functions have been discontinued in the past 12 months.
3. Individuals who fall within the Certification Regime. Please provide a general description of the nature of these investigations.
4. Individuals for breaches of the COCON rules who are not senior managers or covered by the certification regime.
5. Individuals who fall within the approved persons regime.

Follow-up to FOI5097:

I would like to request updated information regarding organisations that have applied for the permission to "operate an electronic platform for lending".  Please would you tell me the number of:

• Applications for authorisation
• Applications for authorisation which were withdrawn
• Applications for authorisation which were approved
• Applications for authorisation which were rejected
• Applications for authorisation currently pending

I would appreciate it if this information could be tabulated into annual columns. Alternatively, please provide the date of each application and its corresponding date of withdrawal/approval/rejection.

How many firms have gone insolvent/ceased trading/filed for bankruptcy between January and April 2020

How many firms have gone insolvent/ceased trading/filed for bankruptcy between January and April 2019

FOI7256 response

FOI7256 response table

1. How many enforcement final notices were served on "approved persons" within asset management in 2019?
a. What was the value of fines issued on these?
2. How many enforcement final notices were served on "approved persons" within asset management in 2018?
a. What was the value of fines issued on these?
3. How many investigations of Senior Managers within asset management has the FCA opened since 9 December 2019?
4. How many investigations of Certification staff within asset management has the FCA opened since 9 December 2019?

In January, February and March 2019 how many CF30's withdrew/cancelled their authorisations/permissions with the FCA? 

In January, February and March 2020 how many CF30's withdrew/cancelled their authorisations/permissions with the FCA?

How many financial advice firms have gave up their FCA permissions/authorisation in January, February and March 2020. 

I would also like to request How many financial advice firms gave up their permissions/authorisation in January, February and March 2019.

Please can the Authority please provide information regarding any fines levied and the number of active or closed investigations since January 2018 concerning:

Directive 2014/65/EU (MiFID II) and Regulation (EU) No 600/2014 (MiFIR) , RTS 24 Maintenance of relevant data relating to orders in financial instruments

In relation to the below FOI response (your ref: FOI7138), I would like to know:

I have been collating the number of investigations the FCA has opened into businesses over the last two years. Thank you for your help in this matter. Please see table below:

1. Why have investigations opened by the FCA fallen over the last year? For example, there were 127 in 2018 but only 61 in 2019. Please note that the quarters in the table correspond to calendar years and not the FCA's own reporting period. 
2. Does this fall reflect market events? For example, there were 17 investigations into investment advisers in Q1 2018 and 12 into Civil UBD in Q4 2018 which were responsible for driving the high totals in both those respective quarters
3. How does the FCA allocate its investigatory resources? Does this impact the number of investigations opened in particular quarters? 

Agreements made under ss. 71-74 of the Serious Organised Crime and Police Act 2005 (SOCPA) by the FCA.

I would like to have a set of specific, discrete data, please:

(i) How many 'full immunity notice' agreements were made by the FCA under s.71 SOCPA for the time period 1 April 2019 to 30 September 2019 and for the time period to 1 October 2019 to 31 March 2020?

(ii) How many 'restricted-use undertaking' agreements were made by the FCA under s.72 SOCPA for the time period 1 April 2019 to 30 September 2019 and for the time period to 1 October 2019 to 31 March 2020?

(iii) How many 'co-operating witness' agreements were made by the FCA under s.73 SOCPA for the time period 1 April 2019 to 30 September 2019 and for the time period to 1 October 2019 to 31 March 2020?

(iv) How many 'sentence review' agreements were made by the FCA under s.74 SOCPA for the time period 1 April 2019 to 30 September 2019 and for the time period to 1 October 2019 to 31 March 2020?

As mentioned below, you say: In this instance, we can offer to consider questions 2 - 5 for information held for a one week period only. Should you wish to refine your request, please provide us with details of the week you would like us to consider.

I would like to refine the request in that case please. Please could I request the data for week commencing 22 April 2019. 

I would still like 1,2 and 4 (of original request) please.

1.   How many investigations into insider trading/market abuse did the FCA open between 2015 and 2020 - please provide a monthly breakdown 
2.   How many of these investigations were open for longer than 6 months
4.   How many insider trading/market abuse investigations are still open?

The following request relates to Claims Management Companies who registered for full authorisation in Application period 1 (1 April to 31 May 2019):

1. How many firms in total registered an application for full authorisation?
2. How many firms submitted a 'complete' application?
3. Of those, to date, how many firms have FCA granted permanent authorisation?
4. How many firms submitted an 'incomplete' application?
5. Of those, to date, how many firms have FCA granted permanent authorisation?
6. In total, to date, how many firms have FCA refused to grant permanent authorisation?

I am looking for information in relation to the number of enforcement cases against Senior Managers under the SMCR.

Could you please provide the following information?

(1). How many enforcement investigations did the FCA open into individuals who hold SMFs per financial year? This includes information for the following years, 16/17, 17/18, 18/19, 19/20(to present time of request)

(2a). How many enforcement investigations into individuals who hold SMFs did the FCA close without action per financial year? This includes the same dates listed in (1).

(2b). How many enforcement investigations into individuals who hold SMFs did the FCA close with action per financial year? This includes the same dates listed in (1).

(3). How many enforcement investigations into individuals who hold SMFs did the FCA have open as of the end of each Financial year, since the Regime went live in March 2016?

(4). Of the numbers disclosed in (3), could you please break down the numbers by the individual's respective SMF? (e.g. SMF1, SMF2, SMF3, SMF4, SMF5 etc.)

In reference to a previous FOI response with the reference number FOI6915, and based on responses to Form C (Notice of ceasing to perform controlled functions (including senior management functions), Section 3 (List of controlled functions), subsection 3.01 (list all controlled functions…) and subsection 3.02 (list all senior management functions), I would like to know:

• The number of responses where the 'Dismissal/termination of employment or contract' box in column B is filled in
• The number of responses where the 'Suspension' box in column B is filled in
• The number of responses where the 'Redundancy' box in column A is filled in

If gathering this data is not possible under the time constraints of the Freedom of Information Act, then please prioritise the information from first to last.  To confirm, I would like the numbers broken down by the relevant categories (Dismissals/terminations, Suspensions, and Redundancies) for each subsections (3.01 and 3.02).

I would like this information broken down by calendar year for each of the last five years – I.E. January 1 – December 31. If this is not possible, please use the most convenient year-end date. Please specify which year-end is used in your response.

If you cannot provide data for each of the last five years, then please give me the data for each of the last three years. If this is also not possible, then please give me the data for each of the last two years.

If it also not possible within the timeframe of the Freedom of Information Act to gather all this data, then please prioritise getting data on 3.01 (list of all controlled functions…) over 3.02 (list all senior management functions).

In reference to a previous FOI response with the reference number FOI6755, I would like to know the following:

• The number of Significant Influence Function" (SIF) interviews that have been led by the FCA
• The number of Significant Influence Function" (SIF) interviews that have been conducted jointly by the FCA and PRA

I would like this data broken down by quarter for the calendar year 2019 I.E. January 1 2019 – December 31 2019.

Currently in the advice market, how many a) restricted advisers are there and b) independent advisers are there? 

Please could you provide comparative figures of the number of restricted advisers and independent advisers in 2018, 2015 and 2010.

1. How many investigations into asset management firms did the FCA open in 2017?
2. How many investigations into asset management firms did the FCA open in 2016?
3. How many investigations of "approved persons" within asset management did the FCA open in 2017? 
4. How many investigations of "approved persons" within asset management did the FCA open in 2016? 

I wish to apply for the below information under a Freedom Of Information request from the FCA. 

- How many firm acquisitions and/or purchases were denied by the FCA in 2019?

With reference to pension transfer permissions, the total number of adviser firms that altered permissions in 2019, including cancelled changes, VVOPs and VREQs

How many funds breached regulations on an intra-month in 2019? 

Also - can this be split into the types of breaches (too much in one stock, too much of a certain sector etc).

We were looking for the number (and names if possible) of regulated firms providing the below services:
Retail Banking Services
Credit Cards
Mortgages
Mortgage Intermediaries
Car Finance
P2P Lending
Debt Purchase
Debt Servicing/Outsourced Collections
Commercial Lending (Across types)
Commercial Finance Brokers
Asset Based Lending
Invoice Finance
Home Credit
Loans (of all types)
Credit Brokers
FinTechs
Challenger Banks

27/02/2020 - Request clarified:

The requester would like the information broken down into the portfolios currently in sued by the FCA

Update to FOI6618:

FCA Complaints 
Could you please provide the full 2019 data as per FOI 6618.

Original request (FOI6618)

The FCA's Freedom of Information right to know response FOI6281 dated 27th March 2019 states:

1.  In 2018, 688 complaints were received 
2.  In 2019, 311 complaints were received

Please provide the latest year to date figures for 2019 as well as a breakdown of 2018 and 2019 figures using the categories the FCA uses to classify the complaints received about itself.
 

FOI7135 response

I am seeking information on the number of regulated advice firms who have given up defined benefit (DB) pension transfer permissions. 
 
- I would like to know how many advice firms have given up permission to advise on pension transfers since 1 April 2019
- Please specify how many of these firms that have given up their transfer permissions were making use of these permissions before surrendering them, i.e. how many of these firms had advised on a DB transfer before 1 April.

Under the Freedom of Information Act 2000 please could I request the following information: 

How many applications for de-authorisation has the FCA temporarily blocked whilst it completes its review in relation to the defined benefit transfer market - specifically from firms who are currently fielding supervision inquiries from the regulator?  Please could you provide the figures from January 2019 to February 2020.

The policy in question is the same featured here - https://www.ftadviser.com/regulation/2020/02/19/fca-blocks-adviser-de-authorisations-in-db-crackdown/ 

I am writing to request further information on the FCA's Advice Unit.

Please provide the following information:
- The number of firms that have applied to enter the Advice Unit but were not accepted
- The number of firms that were provided feedback but decided not to launch models
- The number of applications received to join the Advice Unit, by month, since applications opened
- The total cost of the Advice Unit to date and the staff headcount that currently resources it

I request the following information under the Freedom of Information Act: 

• The number of active investigations into spoofing;
• The number of spoofing investigations into companies;
• The number of spoofing investigations into individuals;
• The number of spoofing investigations opened in 2019; and
• The number of spoofing investigations opened in 2018.

I am writing to make an open government request for all the information to which I am entitled under the Freedom of Information Act 2000. 
 
1. Please can you provide details of the number of workers raising concerns about wrongdoing or malpractice (whistleblowing) who have contacted you in relation to your duties as a regulator for each of the following years: 2018 and 2019
 
Where possible, can you please also provide the following details:
2. Whether each individual contacted you on an anonymous, confidential, or self-identified basis, 
3. A brief summary of the types of concerns raised 
4. If information was passed on to another regulator or enforcement body. If so please indicate the identity of the regulatory body and specify whether the concern was monitored by you following referral. 
5. In respect of the above, please identify (if appropriate) whether any subsequent action was taken

I am writing to you …… under the terms of the Freedom of Information Act 2000 to request the following information regarding the Temporary Permissions Regime (TPR) and Temporary Marketing Permissions Regime (TMPR). I would like to receive this information up to the TPR deadline of 30 January. 

1. The total number of notifications received by the FCA from firms to use the TPR, broken down by: 

a) the firm's home state

b) firm type 

c) passport being used 

2. The total number of notifications received by the FCA from fund managers to use the TMPR, broken down by:

a) the firm's home state

b) firm type 

c) passport being used

Under the Freedom of Information Act 2000 (FIA) I request the information as detailed below to be supplied to me within the 20 working day limit as set down by the Act.

Please could you supply your response by Month and Year from January 2016 to date.

Number of new applicants applying for part 4A permission as SOLE TRADER in the HOME CREDIT consumer credit sector since January 2016 (please exclude sole traders with interim permissions who transferred from the previous OFT regime pre 2015)

1A. Number of SOLE TRADERS given part 4A permission in the HOME CREDIT consumer credit sector since January 2016 (please exclude sole traders with interim permissions who transferred from the previous OFT regime pre 2015)

Number of new applicants applying for part 4A permission as a LIMITED COMPANY in the HOME CREDIT consumer credit sector since January 2016 (please exclude Limited Companies with interim permissions who transferred from the previous OFT regime pre 2015)

2A. Number of LIMITED COMPANIES given part 4A permission in the HOME CREDIT consumer credit sector since January 2016 (please exclude Limited Companies with interim permissions who transferred from the previous OFT regime pre 2015)

Number of new applicants applying for part 4A permission NOT CATEGORISED IN 1 OR 2 ABOVE in the HOME CREDIT consumer credit sector since January 2016 (please exclude if the organisations had interim permissions who transferred from the previous OFT regime pre 2015)

3A. Number of OTHER ORGANISATIONS NOT DETAILED IN 1. OR 2. given part 4A permission in the HOME CREDIT consumer credit sector since January 2016 (please exclude if the organisations had interim permissions who transferred from the previous OFT regime pre 2015)

For clarity I wish this information to be supplied exclusively for the HOME CREDIT full permissions category. Should you need any clarification on this request please contact me at the earliest convenience.

FOI7087 response

FOI7087 annex 1

In April 2019 it became the FCA's responsibility to regulate the claims management sector.

I would like to know:

1. How many claims management companies (CMCs) applied for temporary regulatory permissions?

2. How many CMCs have been denied full regulatory authorisation?

3. How many CMCs are now operating in the market with full regulatory authorisation? How many are still in the application process?

Please provide the following statistic relating to withdrawn applications for the CF30 controlled function.

For the years 2017, 2018 and 2019:

Of the number applications to perform the CF30 controlled function, and where the applicant individual answered "yes" to any question within Section 5 ("Fitness and Propriety") of the form ("Long Form A"):

What percentage of such applications were subsequently withdrawn by the applicant firm, before a final decision was made by the FCA?

FOI7060 response

Could you please tell me how many mortgage loans were approved in the most recent year you have data available, and the year prior to that, across the following borrower income multiples?

3 x borrower's income

4 x income

4.5 x income

5 x income

5.5 x income and above

Or, if you record the data using different income brackets, please send me this data.

I am writing to you under the Freedom of Information Act 2000 to request the following information from the Financial Conduct Authority:

1. How many firms reported to you under COREP in 2019?

2. Of those firms, please provide a breakdown by firm type.

3. In respect of those COREP returns submitted in 2019, how many COREP reporting errors were identified in 2019?

4. In respect of those COREP returns submitted in 2019, how many COREP reports were resubmitted by firms in 2019? 

5. What proportion of those errors related to credit risk, market risk, operational risk, own funds and capital adequacy ratios?

If it is not possible to provide the information requested due to the information exceeding the cost of compliance limits identified in Section 12, please provide advice and assistance, under your Section 16 obligations, as to how I can refine my request to be included in the scope of the Act.

In any case, if you can identify ways that my request could be refined, please provide further advice and assistance to indicate this.

I look forward to your response within 20 working days, as stipulated by the Act.

If you have any queries, please don’t hesitate to contact me via email or phone and I will be happy to clarify my request.

I would like to receive some information regarding the questions below. This is for an article for our B2B publication, Bridging and Commercial.

1) “How many firms currently have permission to advise on regulated mortgage contracts in the UK?

2) How many approved persons are attached to those firms?

3) How many appointed representatives are there currently in the UK?”

I am seeking further information regarding the FCA’s supervision work of the defined benefit transfers market.

The FCA sent out a letter requesting information from around 1,700 firms in October 2019. 

In that letter the FCA says it has been collecting and reviewing the information firms have given it about the volume of transfers, conversion rate, insistent clients, income from DB business, unauthorised introducers, transfers per pension transfer specialist and expensive solutions. 

Could the FCA tell me based on this sample of 1,700 firms written to:

1) What proportion of advice firms, and what proportion of individual transfers, recommended a transfer that was more expensive than a stakeholder pension?

2) What percentage of transfers in the sample were insistent clients?

3) What percentage of transfers came through unauthorised introducers?

4) What is the total income these 1,700 advisers have made from DB transfers since April 2015?

According to the Financial Times, The Financial Conduct Authority received 1,335 notifications of inaccurate transaction reporting under the Markets in Financial Instruments Directive (Mifid II) in 2018.

The article in question refers to a freedom of information request made by the firm Bovill.

Can you please confirm:

How many notifications of inaccurate transaction reporting under MifiD II did you receive in 2019?

Can you please confirm how many different firms you received these MifiD II inaccurate transaction reports from in 2019?

As at the date of your response to this request, how many AIFM firms have been sanctioned and/or fined over inaccurate transaction reporting?

Can you please confirm how many AIFM firms you received these inaccurate transaction reports from? 

Furthermore, if possible, can you please provide:

The number of UK investment firms (that need to be MiFID II compliant) in the UK in 2019?

The total number of transaction reports you received in 2019?

I wish to apply for information under the Freedom of Information Act 2000 on the below from the FCA. 

As mentioned in the FCA Podcast dated 7/01/2020 - '. So where firms do not have adequate PI coverage, we’re taking action to stop them from offering advice that isn’t covered.'

FOI Request - How many firms have the FCA stopped from offering advice that isn't covered due to a lack of/inadequate professional indemnity (PI) cover in 2019?
 

1.  How many security/privacy incidents has the FCA investigated over the last year (November 30th, 2018 – November 30th, 2019)?

    a.  How many of these involved data breaches?

    b.  How many of these resulted in fines?

    c.  How many resulted in financial penalties, how many in other action, how many under investigation and how many had no action?

2.  How many times has the FCA fined an organisation for incidents that have involved an employee working for an organisation intentionally or unintentionally causing a cyber breach or security/privacy incident?

    a.  If possible, of these incidents, please split them between intentional vs unintentional incidents

    b.  Of these investigations, how many resulted in fines / other sanctions?

I would like to know, how many active investigations the FCA has into its own conduct, for instance cases where companies have gone but the FCA has launched an internal investigation into whether the FCA itself was responsible in some way.

So long as it does not cause this request to exceed the time limit for FOIs, could you provide information about how many cases have been opened in the last 12 months, and on how many occasions failures have been found within the FCA.
 

I would like to request the following information. How many retirement interest-only (Rio) mortgages were taken out in the following time periods:

1) July 1 2018 to December 31 2018

2) January 1 2019 to June 30 2019

3) July 1 2019 to December 31 2019

I am seeking further information on the unit-linked funds’ governance review (follow-up to PS18/8). Please provide the following information:

1. How many firms offering unit-linked insurance products have you contacted to review their documents within your unit-linked funds’ governance review (follow up to PS18/8)?

2. How many firms offering unit-linked insurance products have you visited to conduct interviews within the review? 

3. Could you please send me the communication you sent to selected firms requesting documents within the review?

Under the Freedom of Information Act and with reference to a previous FOI to the FCA (FOI6185), I would like to know the following:

• How many notifications of ‘data breaches’ (described in your previous FOI response ref. FOI6185 as ‘a confirmed incident in which the confidentiality of company or personal data is breached’) were reported by financial services companies to the FCA

I would like the data broken down by the type of financial sector – please use whatever categories the FCA uses.

I would also like the figures broken down by month for the 2019 calendar year.

In the Enforcement Performance Report 2018/2019, the vast majority of outcomes relate to variation/cancellation/refusal of authorisation/approval/permissions. Is there a common theme to some, most or all of these cases? If so, what is it?

We’re looking at FCA clone / scam firm warnings as there appears to have been a rise this year. Can you give me total figures for this year please compared to previous years. A monthly breakdown over the last 3 years would also be helpful and along with a breakdown of clone v scam warnings and details on which is the fastest rising scam area.

We would like to know:

1. How many clone / scam firm warnings has the FCA issued this year (2019) so far?

2. What were the equivalent figures for 2018, 2017, 2016, 2015, 2014?

3. Can you provide details on whether the numbers are rising or falling and what efforts the FCA carries out to deal with the issue?

4. How many FCA staff are dealing with complaints about scams / clones. Is this number up on 2018 and if so by how many?

5. What is the annual cost to the FCA of dealing with clone / scam firms?

6. What is the total spending this year on dealing with scams compared to last year?

I request a monthly count of newly authorised claims management companies, per month, from 2011 to present, please.

I also request a count of authorised CMCs, per month, from 2011 to present, if possible.

I would like to know the number of cases the FCA  has, and is currently, investigating, regarding businesses illegally 'accepting deposits,' breaching the Financial Services and Markets Act 2000. 

For clarity, I mean cases where deposits are taken, held to earn interest and lent to others, without permission to do so, outside the scope of a businesses' permission. 

In the same set of data I would like to know how many of these businesses are no longer operating, are insolvent or in administration. 

If it can be provided within the cost limits of the act I would also ask that if these cases include figures for customer claims against company records, I believe they're usually recorded as non-preferential creditors in administrator's reports, that they be provided.

Please provide this as an annual figure, with breakdowns for each case. 

Because of the amount of material I am asking for I suggest limiting my request from 2018-2019, up to the most recent set of data available.

I am writing to request further information on the FCA’s recent RDR/FAMR review file information request. A copy of this request was recently published on the FCA’s FOI disclosure log as Annex B to FOI 6728. This FOI also confirms that in August the information request was sent to 379 firms , of which 11 do not have permission to offer financial advice, and an additional 76 firms are appointed representatives and do not have direct permissions to offer financial advice. 

Please provide the following information:

- How many of the 379 firms completed the survey by the deadline of Tuesday 1 October 2019?

- How many of the 76 appointed representatives completed the survey by the deadline of Tuesday October 1 2019?

- How many of the 11 firms which did not have permission to offer financial advice completed the survey by the deadline of Tuesday 1 October 2019.

- How would the FCA categorise those firms who the request was sent to but did not have financial advice permissions? I.e. what permissions do they have/what principal markets do they operate in?

- How many extensions to the deadline were granted?

- How many firms did not complete the survey by their extended deadline, and what action has/will the FCA take in these instances?

Please kindly provide us with your answers to the below questions:  

• How many individuals who hold (or held, during the relevant period under investigation) Controlled Function 10 or 11, or Senior Management Function 16 or 17, are presently subject to investigation? 

• Is the FCA engaged in any work on legalised cannabis and/or cannabis products, including but not limited to policy work; engaging with the propriety of investing in such products in a supervisory context and / or engaging with or scrutinising the propriety of the same in an enforcement context and / or listings context?

Under the Freedom of Information Act, and in reference to a previous response with the reference number FOI6741, I would like to know the following. 

• Please could you provide an estimate of the number of individuals who will come under the scope of the Senior Managers’ Regime upon its full extension on December 9 2019?

If it looks as if the work involved in responding to this Freedom of Information Request is going to exceed the time permitted to respond under the Freedom of Information Act, then please contact me as soon as possible to discuss how I can reduce the scope of this request.

I request the following information under the Freedom of Information Act:

- The number of open FCA cases;

- The number of active investigations into individuals; and

- The number of active investigations into companies.

If there is a further breakdown of statistics into whether the individuals are senior managers or not that would be great.