FCA broker c-suite approval times soar with CEOs waiting 151 days for sign-off
The average time taken for the Financial Conduct Authority to approve CEO applications from brokers has nearly tripled from 57 days in 2019 to 151 days this year, a Freedom of Information request by Post has revealed.
There were 127 CEO approvals in 2019 (see total at bottom) which will have included applications entered the year before and the FCA detailed that the median time taken was slightly lower at 52 days.
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