Reference Case Number: FOI11306
Freedom of Information: Right to know request:
Please provide information concerning investigations opened into unauthorised firms for years 2020, 2021, 2022 and 2023.
- How many unauthorised firms were formally investigated by the FCA’s Enforcement and Market Oversight division?
- Of those firms formally investigated, what was the outcome of those investigations?
FCA response:
Please note that the data below relates to financial years.
2020/21
- 16 investigation cases opened.
- 4 closed with no further action.
- 2 closed with referral to another Law Enforcement Agency (LEA).
- 1 closed as company was dissolved – action ongoing in relation to individuals.
- 4 relate to firms currently in administration.
- 5 remain open / ongoing.
2021/22
- 30 investigation cases opened.
- 10 closed with no further action.
- 20 remain open / ongoing.
2022/23
- 4 investigation cases opened.
- 1 closed with no further action.
- 3 remain open / ongoing.