Reference Case Number: FOI10169
Freedom of Information: Right to know request:
How many raids has the FCA carried out in the three years to 31st March 2023?
I would like this information broken down by quarter, from 1st April 2020 - 31st March 2023.
FCA response:
We can confirm that we hold the requested information, which is set out below.
We have interpreted “raid” to mean the exercise of statutory powers of search and seizure by the FCA or law enforcement in connection with an FCA investigation on a without notice basis. The figures below relate to each use of such statutory powers. There may be other occasions where multiple powers are used simultaneously, or where the FCA carries out inspections or visits without needing to exercise the statutory powers of the sort represented by these figures.
| Financial Year commencing 01/04/20 | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2020/21 | 0 | 1 | 1 | 0 |
| 2021/22 | 4 | 1 | 1 | 0 |
| 2022/23 | 0 | 1 | 1 | 4 |