Information on skilled person review

Reference Case Number: FOI2026_01354

Freedom of Information: Right to know request:

For each of the financial years 2024-25 and 2025-26:

The number of firms that were subject to a Section 166 (Skilled Person) review
The number of firms who had a requirement placed on them by the FCA, including but not limited to voluntary requirements (VREQs) and own-initiative requirements (OIREQs).

FCA response:

Question 1

Please see the table below for details of the number of firms subject to Skilled Person reviews in the financial years 2024/25 and 2025/26.

Financial Year	Number of firms subject to Section 166 Reviews
2024/25	43
2025/26	30

Question 2

Please see the table below for the number of firms who had a requirement placed on them during the financial years 2024/25 and 2025/26.

Financial Year	Number of firms subject to requirements
2024/25	1,537
2025/26	1,597

Please note that many of the requirements placed on the firms above will not relate to supervisory or enforcement actions. The figures above include all requirements recorded against firms, including those relating to administrative matters, as well as requirements relating to the authorisation of firms entering the regulatory perimeter.

For this reason, the figures above are materially higher than those published in our recent enforcement data: FCA Enforcement data 2025/26 | FCA[1]

Date of Release: 10/07/2026

Information on skilled person review - July 2026

Freedom of Information: Right to know request:

FCA response:

Question 1

Question 2

More information

Data