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United Kingdom · Non-EU

Financial Conduct Authority

FCA · Financial supervisory authority

96Activity Indexmethodology →

Employees

~4,900

2024/25

Annual budget

£780M

2024/25

Supervised entities

~42,000

2024

Overview

The UK's conduct regulator for ~42,000 financial services firms, plus prudential regulator for firms not supervised by the PRA. Runs one of Europe's most-scrutinised crypto AML registration regimes and is developing a full UK crypto authorisation framework under the Financial Services and Markets Act 2023.

Mandate

Protect consumers, ensure market integrity, and promote effective competition in the UK's financial services sector.

Regulated sectors

BanksPayment institutionsE-money institutionsCrypto-asset service providersInvestment firmsAsset managersInsurance companiesConsumer lendingSecurities markets

Leadership

  • Nikhil RathiChief Executive · since 2020
  • Ashley AlderChair · since 2023

Key legislation

  • Financial Services and Markets Act 2000

    Foundational Act

  • Financial Services and Markets Act 2023

    Post-Brexit rewrite; crypto framework

  • Money Laundering Regulations 2017

    AML register for cryptoasset firms

  • Payment Services Regulations 2017

    PSD2 (UK)

Public registers

Application portals

Recent publications

ComplyBridge Intelligence

What we know from actually filing here.

Avg. approval time

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Approval success rate

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Pending applications

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Responsiveness score

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Avg. response time: 18 days

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Top rejection reasons

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Market-entry difficulty

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Jurisdiction attractiveness

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Blurred values are illustrative until we've captured enough submissions to publish real numbers for this authority. Real data ships once volume is statistically meaningful and always with sample size disclosed.

Data last updated: 2026-06-15 · Sources: www.fca.org.uk + ComplyBridge researchActivity Index methodology →

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