2017 Disclosure Log

1. How many CASS audit opinions were received by the Financial Conduct Authority between 1st January and 31st October 2017?

2. How many CASS audit opinions received by the Financial Conduct Authority between 1st January and 31st October 2017 were qualified?

3. How many CASS audit opinions received by the Financial Conduct Authority between 1st January and 31st October 2017 were adverse?

4. How many CASS audit opinions received by the Financial Conduct Authority between 1st January and 31st October 2017 were clean?

FOI5481[1]

FOI5481 - information provided[2]

1. How many insider dealing investigations have you opened so far in 2017?
2. How many insider dealing investigations have you closed so far in 2017?

FOI5475[4]

FOI5475 - Follow-up clarification provided[5]

1. Details of the consultation (if any) between the Financial Conduct Authority (FCA) and Lloyds Banking Group plc (Lloyds) regarding the review of customers potentially affected by the fraud found to have been perpetrated by persons at the HBOS Reading Impaired Assets Office. By way of background, Lloyds refer to said consultation with the FCA in its press release dated 20 March 2017[6].
2. Details of the scope, methodology and/or terms of reference discussed and/or agreed between the FCA and Lloyds during its consultation regarding the review of customers potentially affected by the fraud found to have been perpetrated by persons at the HBOS Reading Impaired Assets Office. By way of background, Lloyds refer to said consultation with the FCA in its press release dated 7 February 2017[7] as follows: '...In consultation with the Financial Conduct Authority, LBG will appoint an independent third party as part of the review. LBG will agree with them the scope, methodology and individual case outcomes of the review.' 
3. Details of the FCA’s involvement (if any) with the selection of Professor Griggs as the independent reviewer appointed by Lloyds to oversee the review of customers potentially affected by the fraud found to have been perpetrated by persons at the HBOS Reading Impaired Assets Office. For the avoidance of doubt, such information should include the criteria (if any) considered for the appointment of the relevant independent reviewer; whether other candidates were considered by the FCA; and, if so, the reason for approving and/or consenting to the appointment of Professor Griggs for this position.
4. Details of the FCA’s involvement (if any) in overseeing and/or monitoring and/or receiving reports in relation to the Lloyds review of customers potentially affected by the fraud found to have been perpetrated by persons at the HBOS Reading Impaired Assets Office. For the avoidance of doubt, such information should include details of modifications (if any) that have been made at the request of the FCA to the scope, methodology and/or terms of reference the review of customers potentially affected by the fraud found to have been perpetrated at the HBOS Reading Impaired Assets Office.
5. The Minute/Note(s) of the relevant FCA committee(s) which considered the appropriate action to be taken by Lloyds to review customers’ cases who had potentially been affected by the fraud found to have been perpetrated by persons at the HBOS Reading Impaired Assets Office.

FOI5469[8]

1.   How many FCA regulated firms that have permission to offer financial advice emailed the FCA to tell them they would not be attending the FCA’s defined benefit transfer seminar in Swansea on 21 November?

2.   How many FCA regulated firms that have permission to offer financial advice emailed the FCA to tell them they would not be attending the FCA’s defined benefit transfer seminar in Doncaster on 28 November?

 ​​​​

Details of complaints that have been made from Scotland and in regard to companies in Scotland since 1st January this year. 

I know you cannot name the specific company but looking for details of which sector i.e car insurance, life insurance etc etc), the number of complaints etc for each area, how each complaint was resolved etc (compensation), reason/details of the complaint. 

FOI5457[10]

FOI5457 - information provided 1[11]

FOI5457 - information provided 2[12]

1. The total value of Section 32 buyouts reported in submissions by FCA regulated firms made to Gabriel in each of the last five years

2. The total number of Section 32 buyouts reported in submissions by FCA regulated firms made to Gabriel in each of the last five years

3. A breakdown of the value of Section 32 buyouts and the total number of Section 32 buyouts broken down by age group (using whichever age brackets are most convenient)

Please provide the data for each of the last five years with a year-end 30th September, or whatever year-end date is most convenient. If you cannot provide data for each of the last five years, then please data for each of the last three years. If that is not possible, then please data for each of the most recent two years.

FOI5454[13]

FOI5454 - information provided[14]

1. How many AIFMs are currently under FCA enforcement investigation?

2. What are the breaches that the enforcement teams are investigating?

FOI5450[15]

Please provide historical data for the number of individuals electing to transfer Defined Benefit pension holdings to Defined Contribution pensions.

This should exclude complete schemes that have moved and only capture individuals electing to make a transfer. If possible, can you also confirm the combined value of these transfers.

The time period ideally would be quarterly back to January 2016, however, please adjust the reporting periods if required.

FOI5430[19]

FOI5430 - information provided[20]

FOI5424[21]

FOI5424 - information provided[22]

1. How many applications the FCA received for a third-country branch license in the UK from EU27 financial services firms during the period June 2015 - June 2016, as well as July 2016-January 2017 and between January 2017-October 2017.

2. How many applications the FCA received to establish a subsidiary in the UK from EU27 financial services firms during the period June 2015 - June 2016, as well as July 2016-January 2017 and between January 2017-October 2017.

MAR (market abuse regulation) came into force in July 2016.

Can you please tell me:

1. How many MAR related investigations have you opened so far in 2017?
2. How many spoofing related investigations have you opened so far in 2017?
3. How many MAR related investigations have you closed so far in 2017?
4. How many spoofing related investigations have you closed so far in 2017? 

Please provide me with a list of all authorised fund manager (AFMs).

If the list is different please also provide a separate list of all firms ‘Managing a UCITS’ and /or ‘Managing an authorised AIF’.

FOI5409[25]

FOI5409 - information provided 1[26]

FOI5409 - information provided 2[27]

How much did the Financial Lives Survey 2017 cost the FCA to produce?

What is the cost breakdown, in particular:

• How much did it cost to publish?
• How much was paid to other firms to conduct the survey?

1. As part of the FCA’s multi-firm supervision exercise into DB transfer advice, how many FCA regulated firms that have permission to offer financial advice has the FCA requested information from over the past 12 months?

2. As part of the FCA’s multi-firm supervision exercise into DB transfer advice how many FCA regulated firms that have permission to offer financial advice has the FCA visited over their DB transfer advice over the past 12 months? Out of these visits, how many of them led to the FCA carrying out follow work over the firm?

3. As part of the FCA’s multi-firm supervision exercise into DB transfer advice how many FCA regulated firms that have permission to offer financial advice have come to a voluntary agreement with the FCA to stop providing DB transfer advice over the past 12 months?

The number of 'prohibition orders[31]' issued by the FCA (as detailed)

I would like the data for the most recent five years, broken down by quarter, with the most recent quarter-end date possible.

The complete list of 'Requirements' titles as seen from within the Permission's section of the FCA search facility within the FCA website.

Examples of the short titles of these Requirements are:

• Small Authorised UK AIFM
• May control but not hold client money
• No CBTL business unless registered
• Not permitted to canvass off trade premises
• Corporate finance business only
• BIPRU firm MiFID activity restriction

From page 22 of the Financial Services Register Extract Service Subscribers’ Handbook[33] it seems that this field is 50 alpha/numeric characters.

This is not a request for actual data/information about any firms or individuals hence not a purchasable item of data but just a request for the FCA definitions of these Requirements titles hence this request under the FOI

1.    The number of firms applying to the FCA passporting team for MiFID inward and outward passports and number of applications each quarter between 01/01/2016 and 30/09/2017.

2.    The number of firms cancelling MiFID inward and outward passports and number of applications cancelled each quarter between 01/01/2016 and 30/09/2017.

3.    The total number of firms holding MiFID inward and outward passports, and the total number of passports, on 01/01/2016.

4.    The total number of firms holding MiFID inward and outward passports, and the total number of passports, on 30/09/2017.

5.    A list of all firms holding MiFID inward and outward passports on 01/01/2016, in .xls spreadsheet format.

6.    A list of all firms holding MiFID inward and outward passports on 30/09/2017, in .xls spreadsheet format.

7.    The number of firms applying to the FCA passporting team for UCITS inward and outward passports and number of applications each quarter between 01/01/2016 and 30/09/2017.

8.    The number of firms cancelling UCITS inward and outward passports and number of applications cancelled each quarter between 01/01/2016 and 30/09/2017.

9.    The total number of firms holding UCITS inward and outward passports, and the total number of passports, on 01/01/2016.

10. The total number of firms holding UCITS inward and outward passports, and the total number of passports, on 30/09/2017.

11. A list of all firms holding UCITS inward and outward passports on 01/01/2016, in .xls spreadsheet format.

12. A list of all firms holding UCITS inward and outward passports on 30/09/2017, in .xls spreadsheet format.

13. The number of firms applying to the FCA passporting team for AIFMD inward and outward passports and number of applications each quarter between 01/01/2016 and 30/09/2017.

14. The number of firms cancelling AIFMD inward and outward passports and number of applications cancelled each quarter between 01/01/2016 and 30/09/2017.

15. The total number of firms holding AIFMD inward and outward passports, and the total number of passports, on 01/01/2016.

16. The total number of firms holding AIFMD inward and outward passports, and the total number of passports, on 30/09/2017.

17. A list of all firms holding AIFMD inward and outward passports on 01/01/2016, in .xls spreadsheet format.

 A list of all firms holding AIFMD inward and outward passports on 30/09/2017, in .xls spreadsheet format.

FOI5367[35]

FOI5367 - information provided 1[36]

FOI5367 - information provided 2[37]

FOI5367 - information provided 3[38]

 1. As at the date of your response to this request, how many enforcement investigations does the FCA have open into:

a. Individuals who hold Senior Management Functions (for the purposes of the Senior Managers Regime).

 b. Individuals who are classified by their firms as falling within the Certification Regime?

 c. Individuals who are neither Senior Managers or Certified Persons but fall within the approved persons regime.

 d. Individuals who are not Senior Managers, Certified Persons or approved persons.

2. In relation to the request set out in 1(a) above, please can you provide a breakdown of the number provided to show which Senior Management Functions are held by individuals who are under investigation. For example, we would like to know how many individuals under investigation by the FCA hold the SMF1 (Chief Executive) role, the SMF16 (Compliance Oversight) role, the SMF17 (Money Laundering Reporting Officer) role. If providing a complete breakdown in this way would exceed the amount of work that the FCA is required to undertake in relation to this request, please focus on the three roles listed above (i.e. SMF1, SMF16 and SMF17, plus the SMF19 (Head of Third Country Branch) and SMF21 (EEA Branch Senior Manager) roles).

3. Please provide us with the total number of open enforcement cases as at the date of the FCA's response to this request. We note that this information was included in the FCA's most recent Annual Report as at 31 March 2017, but we would like the same information as at the date of the FCA's response to this request.

1. All 2016 written communication between Promontory, Mazars, FCA and RBS in relation to investigation and publication (or otherwise) of the report into GRG treatment of SMEs.
   [Request clarified to be for correspondence relating to the PUBLICATION or otherwise of the report into GRG – not all publications.]
2. The Minute of relevant FCA committee in 2016 that considered the report and its publication (or not).
3. The relevant committee meeting Minute/note within the FCA in 2016 which considers final report by Promontory and made a decision as to its publication (or otherwise).
4. The total cost of the investigation (including expenses or other non-fee based costs).

FOI5015[41]

FOI5015 – information provided[42]

One of the service standards published by the FCA is “Service Standard [R6.1] – Statutory - To make a decision after receiving a ‘complete’ notification of a proposed change in control”. The service standards published by the FCA in May 2017 show that, during the period from April 2016 to March 2017, such service standard was met in 100% of Consumer Credit and Non Consumer Credit cases.

We are preparing an analysis on change in control applications under FSMA and, for the purposes of our analysis, it would be extremely helpful to receive from the FCA under the Freedom of Information Act 2000 the following information in respect of each financial year since the FCA was established on 1 April 2013:

1. how many Non Consumer Credit change in control notifications were received by the FCA in the relevant financial year

2. how many proposed controllers in the relevant financial year received from the FCA upon submission a written acknowledgement of receipt of a ‘complete’ Non Consumer Credit change in control notification

3. how many proposed controllers in the relevant financial year received from the FCA upon submission a written acknowledgement of receipt of an ‘incomplete’ Non Consumer Credit change in control notification

4. on average:

a. how many working days elapsed between the day a Non Consumer Credit change in control notification was submitted to the FCA and the day the FCA acknowledged in writing receipt of that change in control notification (whether the acknowledgement was of a ‘complete’ or ‘incomplete’ notification);

b. how many working days elapsed between the day a Non Consumer Credit change in control notification was submitted to the FCA and the day the FCA acknowledged in writing receipt of that change in control notification (in cases where the acknowledgement was of a ‘complete’ notification)

c. how many working days elapsed between the day a Non Consumer Credit change in control notification was submitted to the FCA and the day the FCA acknowledged in writing receipt of that change in control notification (in cases where the acknowledgement was of an ‘incomplete’ notification)

5. how many proposed controllers received from the FCA upon submission a written acknowledgement of receipt of an ‘incomplete’ Non Consumer Credit change in control notification without the acknowledgement specifying what additional information the FCA required in order to deem their notification as being ‘complete’;

6. on average, how many working days elapsed between the day a proposed controller received from the FCA upon submission a written acknowledgement of receipt of an ‘incomplete’ Non Consumer Credit change in control notification that did not specify what additional information the FCA required in order to deem their notification as being ‘complete’ and the day on which the proposed controller was notified of what additional information the FCA required in order to deem their notification as being ‘complete’

7. how many Non Consumer Credit change in control notifications received in the relevant financial year were determined by the FCA within a period of 60 working days beginning with the day on which the FCA acknowledged in writing receipt of the relevant notification (whether the acknowledgment was of a ‘complete’ or an ‘incomplete’ notification)

If some of the above information is not easily available to the FCA, we would be happy for the FCA to provide the relevant information by reference only to a random sample of say 50 or ideally 100 Non Consumer Credit change in control notifications for each relevant financial year.

Clarified request: 
To refine my search, I’d like to include the data range for my FOI: April 2014 – present day.  

Original request: 
Three requests aggregated together 

1. How many investment platforms have FCA been in contact with over 're-platforming' projects - a.k.a major technological upgrades or change of technology provider. 
2. Has the FCA investigated any investment platforms over their 're-platforming' projects, such as a major technological upgrade or a change of technology provider? 
3. How many adviser investment platforms has the FCA looked into because of 're-platforming' projects i.e. the bulk transfer of clients as a result of either upgrading their platform technology or changing their technology providers?

I would like to know more information about how much the FCA has paid (for example to recoup legal expenses, when challenging FCA decisions in the High Court) and in which instances.  

My time frame is ongoing. (requester confirmed they would like the information from the date the FCA came into existence e.g 1 April 2013 to present)

I would like to have the below functions split by gender based on whether the applicant has described themselves as Mr, Ms, Mrs, Miss and not disclosed in their application. 

Currently, how many CF30 holders are women, how many are men, how many did not disclose? 

Currently, how many CF1 holders are women, how many are men, how many did not disclose?

I have read on your website that firms you regulate are allocated a Primary Category.

Can you please provide

1. A full and complete list of Primary Categories, along with definitions as to what each Primary Category includes.
2. The number of regulated firms in each Primary Category

FOI5284[48]

FOI5284 information provided[49]

This is a request for the most recent figures following my FOI request you responded to on 5 April about the number of insider trading investigations opened and closed over the last decade. 

Can you please tell me: 

1. How many insider dealing investigations have you opened so far in 2017? 
2. How many insider dealing investigations have you closed so far in 2017?

I read about this today: FCA reveals how it plans to extend Senior Managers Regime to advisers

I would be grateful if you could advise me of:

• The FCA expense of this exercise in total for creating these new rules
• The cost for any  legal advice
• The cost of any external consultancy work
• Any projections you may have as to the cost of implementation to regulated firms

Could you please find out how many financial advice firms have entered into voluntary agreements with the FCA between today and 1 January 2017 preventing them from carrying out pension transfers and pension switches.

Could you provide me with the number broken down by how many for transfers and how many for switches

I am requesting further details of the FCA's current multi-firm supervision exercise into defined benefit pension transfer advice. 

Please provide the following information:

1. The number of firms involved in the exercise.
2. How these firms were selected.
3. The date the review started and an expected timeframe for its conclusion.
4. The number of firms who have had their permissions changed (either voluntarily or otherwise) or had restrictions placed on their business as a result of the review. 
5. The number of firms who have signed attestations, undergone s166 reviews, or been the subject of any other FCA enforcement action during the review.
6. The number of FCA staff assigned to the review.
7. The expected cost of the review.

I am seeking information on  the number of discretionary fund managers (DFMs) the FCA has issued with a section 166, or skilled person review, request. 

Please respond to the following: 

• In 2016 how many DFMs did the FCA issue with a section 166 review? 
• From 1 January 2017 to present date (21 June 2017) how many DFMs did the FCA issue with a section 166 review?

Two requests aggregated together

Request 1:

I am seeking information on the work the Financial Conduct Authority is carrying out as part of its work looking into Sipp providers which it recently announced in its regulation round up in April 2017. 

• As part of this work by the FCA, how many Sipp providers has the FCA visited in 2017? 
• Out of these Sipp providers which the FCA visited how many of these visits led to follow up work by the FCA? 
• What areas did the FCA raise concern over with these Sipp providers? 

Request 2:

I am seeking information on the number of Sipp firms who have  failed to meet their FCA capital adequacy requirements. 

Please respond to the following: 

As of 21 June 2017 how many Sipp firms (without naming them) did not hold the requisite capital to meet their required capital adequacy position which is required of them by the FCA? What follow up action has the FCA taken over firms which did not hold the requisite capital position? 

As of 21 June 2017 how many used tier 2 capital in order to meet their required capital adequacy position? Out of these Sipp firms which used tier two capital, how many used more than 25% to make up their overall capital from tier two?

I am seeking information about the work the Financial Conduct Authority is conducting as part of its multi-firm supervision exercise into advice on defined contribution (DC) to defined benefit (DB) transfers.

As part of the FCA’s multi-firm supervision exercise into DB transfer advice, how many FCA regulated firms that have permission to offer financial advice has the FCA requested files for on their DB transfer advice over the past 12 months?

As part of the FCA’s multi-firm supervision exercise into DB transfer advice how many FCA regulated firms that have permission to offer financial advice has the FCA visited over their DB transfer advice over the past 12 months? Out of these visits, how many of them led to the FCA carrying out follow work over the firm?

As part of the FCA’s multi-firm supervision exercise into DB transfer advice how many FCA regulated firms that have permission to offer financial advice have come to a voluntary agreement with the FCA to stop providing DB transfer advice over the past 12 months?

I would like to know how many financial advice firms the FCA is looking into as part of its multi firm supervision exercise on defined benefit transfers. 

I would also like to know when it first began its ongoing multi firm supervision exercise on defined benefit transfers. I would also like to know how much money the multi firm supervision exercise is costing the regulator to undertake.

Average value of a new mortgage for residential property purchase:

With reference to a previous Freedom of Information request (your ref: FOI5130), I would like to know the average value of a new mortgage for a residential property purchase. We would like the data to exclude remortgages.

I would like the data broken down by postcode area (e.g. SE1, M16, G40) on an annual basis, for the year ending December 31 2017 or whichever year end date is most convenient.

I would like this data for each of the most recent five years, broken down by equal twelve-month periods. 

If you are unable to provide five years of data, please provide three years of data, otherwise please provide data for the last year.

FOI5202[61]

FOI5202 - information provided[62]

Between January 2012 & September 2012, how many applications were received for a CF30 function. 

Of these, how many were processed as a non-routine application.

How many of these non-routine applications, breached the 90 day policy.

Of the possible applications that took in excess of 90 days , how many went on to be authorised without any escalation to RDC?

Of the possible applications that took in excess of 90 days, how many applications were withdrawn after the 90 day period?

In CP17/18 (Annex 2, para 19) there is mention of there being 192 AFMs duly authorized by FCA.

Please name these firms and include their FRNs.

FOI5225[66]

FOI5225 – information provided[67]

01/06/2017: Request Clarified - Requester has confirmed that by EML they mean Small Electronic Money Institutions (SEMI)

1) The number of EML and AEML Licenses applied for in the last 12m by month from May2016 to May 2017,

2) The number of EML and AEML Licenses granted in the last 12m by month from May2016 to May 2017

Clarified request:

The points stated by yourself are correct and accurate for what I require:

• For point 1.1, are you asking for the number of Authorised Payment Institution and Small Payment Institution Applications we have received between May 2016 to May 2017 for applicants that are applying for the activity money remittance only?

• For point 1.2, are you asking for the number of Authorised Payment Institution Applications we have received between May 2016 to May 2017 that are applying to provide payment services in other EEA states and are applying for the activity money remittance only?

• For point 2, are you asking for the number of Authorised Payment Institution and Small Payment Institution Applications we have approved between May 2016 to May 2017 for applicants that are applying for the activity money remittance only?

Original request:

For all UK applicants to the FCA who wish to acquire a Payment Institution License - API (authorised payment institution ) or SPI (small payment institution ) money transfer (remittance) Businesses:

1.1) The number of API and SPI Licenses applied for in the last 12m by month from May2016 to May 2017, 

1.2) How many of the API licensees Apply to provide payment services in other EEA states (passporting) for the year May2016 to May 2017 by the month

2) The number of API and SPI Licenses granted in the last 12m by month from May2016 to May 2017

FOI5149[69]

FOI5149 - information provided[70]

FOI5160[73]

FOI5160 - information provided[74]

FOI5160 - information provided 2[75]

1) How many insider dealing investigations has the FCA opened in each of the past three financial years, 2014/15, 2015/16, 2016/17

2) How many of these insider dealing investigations resulted in:

a) No further action being taken

b) Regulatory sanctions

c) Criminal prosecution

Please could we have the numbers for questions 1 and 2 broken down by financial year ie: 2014/15, 2015/16, 2016/17.

FOI3462[77]

FOI3462 - information provided 1[78]

FOI3462 - information provided 2[79]

Clarified on 16/05:

My first question refers to all of the points you have outlined.

To specify:
How much money did the FCA spend on its consultation on payment protection insurance in terms of internal costs?

How much money did the FCA’s consultation on payment protection insurance cost in terms of external expenditure?

How much money did the FCA spend on its consultation on payment protection insurance in terms of other costs incurred in relation to this consultation?

How much money did the FCA's consultation on payment protection insurance cost?

How much money has been budgeted for the consumer communications campaign to make people aware of the deadline to submit PPI claims? How much has been spent on the campaign so far?

International Pension Transfers - Did the FCA conducted any investigations into overseas pension transfers either in conjunction with other regulators or independently during 2016?

Within the past year, how many Section 166 notices has the FCA issued? In the past year, how many section 55L FSMA notices has the FCA issued? Are there any other notices that the FCA can issue to stop companies conducting or facilitating the international transfer of pensions? If yes, what are they and in how many instances have they been used in the past year?

FOI5126[82]

FOI5126 - information provided[83]

Value of new mortgage lending for residential property purchases (excluding remortgages):

I would like to know the value of new mortgage lending for residential property purchases.  If possible we would like this to exclude remortgages.

I would like the data broken down by postcode area (e.g. SE1, M16, G40), for the year ending March 31 2017 or whichever year end date is most convenient.

I would like this data for each of the most recent five complete years, broken down by equal twelve-month periods.

If you are unable to provide five years of data, please provide three years of data, otherwise please provide data for the last year.

FOI5130[84]

FOI5130 - information provided[85]

Under the Freedom of Information Act, I would please like to know the following:

The number of reported data breaches for financial advisors, insurance, lenders, pensions, total (of these sectors), for each month from March 2013 up to March 2017, or whatever is the most recent date possible?

FOI5120[87]

FOI5120 - information provided[88]

1) Please advise what steps the FCA has taken or will be taking to audit compliance by regulated organisations with its new rules on whistleblowing in the financial sector:

• appoint a Senior Manager as their whistleblowers’ champion
• put in place internal whistleblowing arrangements able to handle all types of disclosure from all types of person
• put text in settlement agreements explaining that workers have a legal right to blow the whistle
• tell UK-based employees about the FCA and PRA whistleblowing services
• present a report on whistleblowing to the board at least annually
• inform the FCA if it loses an employment tribunal with a whistleblower
• require its appointed representatives and tied agents to tell their UK-based employees about the FCA whistleblowing service
• https://www.fca.org.uk/news/press-releases/fca-introduces-new-rules-whistleblowing[89]
• https://www.handbook.fca.org.uk/handbook/SYSC/18/?view=chapter[90]

2) Please also advise what plans the FCA has in place to evaluate the effectiveness of these rules and how the FCA plans to measure effectiveness.

3) If there is any outcome data available from audits of compliance or evaluation of the effectiveness of the new measures, please share this.

4) Please advise how many whistleblowing disclosures the FCA received in 2016/17 and if the FCA has kept a central record of the nature of concerns and outcome/ action taken by the FCA in response to the disclosures. If a central record has been kept of the nature of disclosures and action taken in response, please disclose this data.

5) Please also disclose details of any spending on services by the whistleblowing organisation Public Concern at Work since 1 April 2014, broken down by financial year, and give details of the nature of services purchased  from Public Concern at Work.

Money laundering prosecutions / convictions:

Have there been any prosecutions or convictions for money laundering.  Could you kindly provide statistics and cases for money laundering prosecutions and convictions as well as fines.

Yes, MSB's regulated as SPI's or API's. 

Appreciate I may have been illy advised and there may have not been a full list publicly available, however are you able to provide me this?

FOI5136[93]

FOI5136 - information provided[94]

The total number of cyber incidents (both attacks and those attributable to human error) suffered (to your knowledge) by the private equity firms that you regulate over the following periods:

• 2014
• 2015
• 2016
• and the first 4/5 months of 2017

In addition, for the cyber incidents that you have recorded, details of:

• the type of attack (e.g. insider incident, DDoS, data breach, ransomware etc)
• who the attack was attributed to (e.g. nation state, cybercriminal group, hacktivist etc.)
• the overall quantum of impact (whether financial, reputational, legal or otherwise)

• How many people contacted the FCA's whistleblowing hotline in each of the last five years?
• In each of the last five years, how many of the people who contacted the FCA's whistleblowing hotline were treated as complainants?
• In each of the last five years, how many of the people who contacted the FCA's whistleblowing hotline were treated as whistleblowers?

Request Clarified 03 May 2017:

1. I'm referring to the number of whistleblowing cases raised generally by phone, email or letter and I'm referring to all individuals who contacted the Whistleblowing team.
2. I'm not entirely sure I understand this point. As you said under point 1, sometimes people contact the whistleblowing team and it is forwarded onto other parts of the FCA. I'm interested in finding out how many times someone has contacted the whistleblowing team but it has been treated as a complaint rather than whistleblowing, meaning it has been passed onto the complaints team.
3. You are correct in your interpretation that I'm referring to people who contacted the whistleblowing team by all methods.

A breakdown by activity type of the MiFID passports that have been registered with the FCA; and

• Within each activity type, a further breakdown of the MiFID passports on a country-by-country basis.

Firm authorisation and withdrawal

1. I would like to please request information on the total number of firms to date (April 2017) that have been refused authorisation or withdrew their applications since April 2014. 

2. I would also please like to know the total number of firms that have been granted authorisation since April 2014.

Background

3. I am trying to get a good idea of the change in the number of firms in the market since the FCA's take-over from the OFT.

Thank you in advance.

Cancelled permissions - HCSTC lenders:

1.  How many high-cost short-term credit lenders have cancelled their permission since January 2016?

2.  How many high-cost short-term credit lenders have cancelled their permission each year for the last five years?

1. How many investigations into financial services firms and financial services individuals has the FCA begun since 2012, and can you break this down per number per year?

2. How many of those investigations were started by the FCA acting from its own information and that of other UK agencies supplying information and or/assistance?

3.
a) How many tip offs, referrals, reports, notifications or however that information pertaining to assistance received is defined, have you received per year from US authorities which then resulted in investigations into financial services firms or financial services individuals?

b) Can you break these numbers down per US authority per year since 2012?

I.e. The FCA conducted 5 investigations involving information supplied by the Department of Justice in 2012.

The FCA conducted 2 investigations involving information supplied by the SEC in 2012.

I'm looking for a full list of Money Services Businesses who are actively regulated as an SPI or API's with the FCA.

Historically you were able to see these full list via the FCA website, however it appears the search features have now changed.

Data included in the Cifas quarterly reports to the FCA / Number of complaints regarding actions taken under the Immigration Act 2014:

1.  I am writing to request data included in the Cifas quarterly reports to the FCA since December 2014, as outlined in the Memorandum of Understanding between the organisations signed in December 2014. The data is expected to include (but is not limited to):

1.1 The number of Home Office Immigration (HOI) records available through Cifas (broken down by monthly values)

1.2  The number of searches undertaken by banks and building societies against HOI data (broken down by monthly values)

1.3  The number of matches against HOI data received by banks and building societies (broken down by monthly values).

This information is not expected to include data pertaining to named banks and building societies or to any named or identifiable individuals.

2.  In addition, I request data pertaining to the numbers of complaints received by the FCA regarding actions taken under the Immigration Act 2014 and the Immigration Act 2014 (Bank Accounts) Regulations 2014, from:

2.1  Banks and building societies

2.2  Individuals.

FOI5092[104]

FOI5092 - information provided[105]

What enforcement or disciplinary actions has the FCA taken against alternative investment fund managers (AIFMs) since 2014?

What enforcement or disciplinary actions has the FCA taken against EU and non-EU firms for breach of the EU Short Selling Regulations since their introduction in 2012?

Insurance brokers - licences revoked:

Original request:

Which insurance brokers had their licence revoked by the FCA in 2016?

Which insurance brokers had their licence revoked by the FCA in 2015?

Clarified request:

Request to be for both firms and individuals;

'License' means any authorisation and/or permission/s granted to them by the FCA;

'Revoked' to be as a result of any enforcement action.

A month-by-month breakdown of Cases Opened and Forwarded Items by the whistleblowing team, for each month from November 2014 to as recently as possible.

The number of new cases, in which actionable whistleblowing derived intelligence was disseminated to departments within the FCA and other regulators and law enforcement agencies, for each month from November 2014 to as recently as possible.

This is an update to information you have provided on previous occasions[109].

How many consumer credit firms have cancelled or applied to cancel their FCA authorisation since 1st January 2016?

Could we also get a break down for the number of cancellations each month since 1st January 2016?

How many applications has the FCA received for firms looking to become authorised to carry out consumer credit and mortgage related activities?

As of 1 September how many Sipp firms (without naming them) did not hold the requisite capital to meet their required capital adequacy position which is required of them by the FCA? What follow up action has the FCA taken over firms which did not hold the requisite capital position?

How many used tier 2 capital in order to meet their required capital adequacy position? Out of these Sipp firms which used tier two capital, how many used more than 25% to make up their overall capital from tier two?

In CP16/24 the FCA said it is considering the introduction of a standalone equity release consultation for financial advisers following feedback from stakeholders. Could you tell me:

• How many stakeholders suggested or requested the proposed qualification the FCA is consulting on?
• How many of these stakeholders were: financial advisers, mortgage brokers, trade bodies, mortgage lenders and equity release providers? (I'd like this broken down into each of these categories)
• Could you identify each of the above stakeholders?
• How many people have responded to the consultation and how many people have responded in favour of the proposed qualification?

Insurance Distribution Directive (EU) (2016/97) ('IDD'):

• 1. Have you taken any steps to implement the Insurance Distribution Directive?  If so, please provide details and any relevant documents of any steps taken.
• 2. Please provide details and relevant documents setting out how the Insurance Distribution Directive will be implemented.
• 3. If no plans have yet been made to implement the Insurance Distribution Directive, please confirm whether you intend to implement it by 22 February 2018.

How many SMF1 Holders are women, how many are men, how many did not disclose?

How many SMF3 Holders are women, how many are men, how many did not disclose?

How many SMF19 Holders are women, how many are men, how many did not disclose?

How many Control Function 1 Holders are women, how many are men, how many did not disclose?

How many Control Function 2 Holders are women, how many are men, how many did not disclose?

How many Control Function 3 Holders are women, how many are men, how many did not disclose?

How many Control Function 4 Holders are women, how many are men, how many did not disclose?

How many Control Function 5 Holders are women, how many are men, how many did not disclose?

How many Control Function 6 Holders are women, how many are men, how many did not disclose?

How many Control Function 10 Holders are women, how many are men, how many did not disclose?

How many Control Function 11 Holders are women, how many are men, how many did not disclose?

How many of all registration holders (ie across SMR and CF designations) are women, how many are men, and how many did not disclose?

I would like this data for the Year 2016 (year-end 31st December or whenever is convenient), if possible I would also like the data for previous years 2015, 2014, 2013 (same year end). If this is not possible under the time and cost restrictions of the FOI act please provide me with the data for the most recent year(s).

I am looking to get hold of the number of authorised fund providers by the FCA going back over time, ideally split by type of fund provider, either (Institutional, Boutique and Family Office).

As well as this, I would also like to see the number of authorised funds going back over time, ideally split by type of fund (OEIC, AUT, ACS, UCITS, NURS).

So far I have only been able to find a single snapshot of the number of authorised funds (not fund providers). The statistics I have seen are a snapshot on your website from 2016. If you have this same snapshot going back over time, please could I request this.

2016 snapshot: For all requests, annual snapshots going back as many years as possible, but at least 5 years, if available.

This FOIA request relates to Annual Financial Crime Reports provided in SUP 16.23.

I would be grateful if you would tell me:

1) In the period 31 December 2016 to 6 February 2017, how many firms have submitted Annual Financial Crime Reports to the Authority?

2) In the period 31 December 2016 to 6 February 2017, how many Annual Financial Crime Reports have been submitted to the Authority?

3) Of the firms in 1) above, please break down the firms that have responded by firm category (C1, C2, C3, & C4 - if applicable).

4) Please tell me any other words or terms that you use to record the type of firm that has responded (for example, if you use the word ‘bank’ or ‘building society’, please include the words ‘bank’ and ‘building society’ in the list of words used).

4) Please provide a copy of the Annual Financial Crime Report form (or the questions asked by the Authority within the form).

5) Of the C1 firms in 1) above (so, C1 firms that have responded so far), what is:

a) the mode (most frequently occurring number);

b) the median (the middle value that separates the higher half from the lower half of the data set); and

c) the arithmetic mean of the answers given in response to question 25 of the Annual Financial Crime Report (which I understand is “As at the end of the reporting period, please provide the total FTE of UK staff with financial crime roles”).

If you believe any exemption applies, please set out clearly which exemption and the reason you believe it applies. Please also suggest how similar information can be obtained without triggering an exemption, or if you believe the exemption is that this information is confidential, please suggest a way my request can be framed so that it is not possible to ascertain from it information relating to any particular person.

FOI4982[119]

FOI4982 information provided[120]

Follow up request to FOI4838:

1. In 2016, how many SIPP Operator Only firms has the FCA’s Retail Investments Department warned about their relationship with an introducer firm?

2. In 2016, how many SIPP Operator Only firms has the FCA’s Retail Investments Department  told to end their relationships with an introducer firm and told them not to accept any more business through this introducer?

3. In 2015 how many SIPP Operator Only firms  has the FCA’s Retail Investments Department  warned about their relationship with an introducer firm?

4. In 2015 how many SIPP Operator Only firms has the FCA’s Retail Investments Department  told to end their relationships with an introducer firm and told them not to accept any more business through this introducer?

Statistics on Judicial Reviews. Please would you provide the information that you state you may be prepared to provide?

Background: Narrower request offered in internal review of FOI4738, suggesting and update of the figure provided in FOI4101

The total number of regulated advice firms that were he subject to a cyber-attack, of which you have been made aware or that have required the involvement of the FCA, in the last 12 months.

If possible, how many of these incidents involved so-called ransom wear.

The total number of cyberattacks recorded on regulated businesses which have required the involvement of the FCA over the last 12 months.

Thank you for your latest correspondence. So in order to clarify my response please can you read this as over 2015 and 2016 for 1. as that is the date ranges I refer to in the subsequent request. As such I would be grateful if you could respond to the following.

I am seeking information on the number of FCA regulated firms that have permission to offer financial advice, which have been issued with a section 166 by the FCA over their treatment of insistent clients over 2015 and 2016. Please respond to the following:

1. In 2016 how many times did the FCA engage Deloitte to act as a skilled person in a section 166 for a FCA regulated firm that has permission to offer financial advice because of the advice firm’s treatment of insistent clients?

2. In 2015 how many times did the FCA engage Deloitte to act as a skilled person in a section 166 to a FCA regulated firm that has permission to offer financial advice because of the advice firm’s treatment of insistent clients?

Original request:

Section 166 issued by the FCA over their treatment of insistent clients:

I am seeking information on the number of FCA regulated firms that have permission to offer financial advice, which have been issued with a section 166 by the FCA over their treatment of insistent clients?

In 2016 how many times did the FCA engage Deloitte to act as a skilled person in a section 166 for a FCA regulated firm that has permission to offer financial advice because of the advice firm’s treatment of insistent clients?

In 2015 how many times did the FCA engage Deloitte to act as a skilled person in a section 166 to a FCA regulated firm that has permission to offer financial advice because of the advice firm’s treatment of insistent clients?

I am seeking information on the FCA's current review of financial advice suitability as referenced in reports.

Please provide the following information regarding the review:

1. As at  1 January 2017, how many advice firms had submitted their advice register and surveys as part of the review and how many had not submitted either of the two documents respectively.

2. For any firms which have not submitted the information, details of any sanctions or further work conducted by the FCA in respect of this non-compliance.

3. The number of client files requested and collected by the FCA, and the subject of these files (e.g. non-pension investments, pension accumulation, pension decumulation).

4. The number of firms these files were requested from.

5. The number of firms that missed their deadline to provide client files and the number that had this deadline extended.

6. The estimated cost of conducting the review.

1. The number of GAP insurance policies in force, by year, for all years and for those firms for which you have data. If it is possible to split this by add-on and standalone then please do so.

2. The number of claims on GAP insurance policies, by year, for all years and for those firms for which you have data. If it is possible to split this by add-on and standalone then please do so.

3. The average claim amount on GAP insurance policies, by year, for all years and for those firms for which you have data. If it is possible to split this by add-on and standalone then please do so.

4. The average profit-per-policy of insurers (not distributors) supplying GAP insurance policy, by year, for all years and for those firms for which you have data.

5. The average total premium earned by insurers (not distributors) supplying GAP insurance policy, by year, for all years and for those firms for which you have data.

6. The average total payout made by insurers supplying GAP insurance policy, by year, for all years and for those firms for which you have data.

New independent financial advisory firms started up in 2016:

I would be grateful if you could provide details on the number of new independent financial advisory firms that started up in 2016.

In addition, do you have data on the ages of the business principles or controlling directors and the status of the entity, i.e., limited liability - incorporated and partnership and sole traders or partnership?

With regard to your response to FoI request FOI3969[129], we would like to request updated information to include 2015 and 2016 up to date of your response as follows:

A)  We would like data for each Authorised or Small Payment Institution (PI) that is active on the FCA register, stating:

1. Which payments services the PI conducts as at date of extraction.

2. For each Authorised PI in (A1) above, with PSR activity of "Money Remittance", the number of agents the PI has for each of the years 2009, 2010, 2011, 2012, 2013, 2014, 2015 and 2016 (up to date of extraction).

3. Where reported in FSA056 (Authorised Payment Institution Capital Adequacy Return) for each Authorised PI in (A1) above, with PSR activity of "Money Remittance", the total monthly payment volume (in Euro) the PI has made for each of the years in (A2) above. If this information is too sensitive for individual firms, then could you please provide the total for all firms for each of the years in (A2) above.

4. Total annual income (in Euros) reported in FSA056 (Authorised Payment Institution Capital Adequacy Return), for each Authorised PI in (A1) above, with PSR activity of "Money Remittance", for each of the years in (A2) above. If this information is too sensitive for individual firms, then could you please provide the total for all firms for each of the years in (A2) above.

B)  We would like data for each Small PI in (A1) above stating:

1. For Small PI in (A1), with PSR activity of "Money Remittance", the number of agents the Small PI has for each of the years in (A2) above.

2. For each Small PI in (A1), with PSR activity of "Money Remittance", the total number of Payment Services Directive transactions the Small PI has undertaken in Euros (all transactions, including one leg) for each of the years in (A2) above. If this information is too sensitive for individual firms, then could you please provide the total for all firms for each of the years in (A2) above.

3. For each Small PI in (A1), with PSR activity of "Money Remittance", the total value of Payment Services Directive transactions the Small PI has undertaken in Euros (all transactions, including one leg) for each of the years in (A2) above. If this information is too sensitive for individual firms, then could you please provide the total for all firms for each of the years in (A2) above.

C) Additionally from 2009 to 2016:

• 1.  The total number of Pis in that year?
• 2.  How many Pis registered and how many closed each year?
• 3.  The total number of APIs in that year?
• 4.  How many APIs registered and how many closed each year?
• 5.  The total number of SPIs in that year?
• 6.  How many SPIs registered and how many closed each year?
• 7.  The total number of APIs classified as money remitters in that year?
• 8.  How many APIs classified as money remitters registered and how many closed each year?
• 9.  The total number of SPIs classified as money remitters in that year.
• 10. How many SPIs classified as money remitters registered and how many closed each year?

FOI4932[130]

FOI4932 information provided[131]

FOI4932 information provided[132]

Request extra information in relation to FOI4870

Could we reissue this request, this to include the data for both SMF16  - SMF17?

The request the requester is referring to is:

Please can I have the below functions split by gender where the applicant have stated Mr, Ms, Mrs and Miss in their application.

• How many Control Function 10 Holders are women?
• How many Control Function 11 Holders are men?
• How many Control Function 10 and 11 holders are women?
• How many Control Function 10 and 11 holders are men?

Please exclude any individuals who hold any other function excluding; CF1, CF4 which are acceptable.

Clarification sent in on 02 Feb 2017:

Please can I have the below functions split by gender where the applicant have stated Mr, Ms, Mrs and Miss in their application.?

• How many Control Function 10  / Senior Management Function 16 Holders are women?
• How many Control Function 11  /Senior Management Function 17 Holders are men?
• How many Control Function 10 / Senior Management Function 16  & Control Function 11  /  Senior Management Function 17 holders are women?
• How many Control Function 10 / Senior Management Function 16  & Control Function 11  / Senior Management Function 17 holders are men?

Please exclude any individuals who hold any other function excluding; CF1, CF4 which are acceptable.

For the avoidance of doubt, please treat SMF16 = CF10 and SMF17 = CF11 and group the data accordingly.

Under the Freedom of Information Act, I would like to find out the following:

• The number of new mortgage loans written that were valued at over £1 million.
• The total value of new mortgage loans written valued at over £1 million.

For both sets of data, I would like the data broken down by quarter for each of the last three years, using a year-end date that is as recent as possible, preferably 31st December 2016.

If that is not available, please use then September 30th 2016, and if that is not available please use June 30th 2016.

If this is not possible, I would like the data for each of the last two years, broken down by quarter as detailed above.

FOI4945[135]

FOI4945 information provided[136]

Following a recent request (your ref: FOI4326), under the Freedom of Information Action, I would like to know:

How many requests for assistance from foreign enforcement agencies has the FCA received from: 1st October 2015 to 31st December 2016

Of these, how many requests did the FSA receive from US enforcement agencies?

Thematic review on appointed representatives (TR 16/6):

How much money did the FCA spend on the thematic review looking into principal firms and the control and oversight of appointed representatives in the general insurance industry published in July 2016?

Which companies did the FCA take action against as a result of the review?

Enforcement investigations into 'Senior Managers' and 'Certified Persons' since 7 March 2016:

Please can you provide me with:

The number of enforcement investigations that have been opened by the FCA since 7 March 2016 into an individual who is designated as a 'Senior Manager' for the purposes of the FCA/PRA Senior Managers Regime.

The number of enforcement investigations that have been opened by the FCA since 7 March 2016 into an individual who is designated as a 'Certified Person' for the purposes of the FCA/PRA Certification Regime.

To be clear, I am not asking for any information about any individuals who may fall within the categories listed above, or the nature of those investigations. I would just like to know the number of investigations (if any) opened into Senior Managers and Certified Persons since 7 March 2016.

Whistleblowing reports 2015/2016:

How many reports of wrongdoing did the whistleblowing team receive in 2016?

How many reports resulted in regulatory action in 2016?

How many reports of wrongdoing did the whistleblowing team receive in 2015?

How many reports resulted in regulatory action in 2015?

FOI4816

FOI4816 information provided

The number of advice firms that the FCA has imposed restrictions on relating to pension switching activity over the last 12 months.

The number of advice firms that the FCA has imposed restrictions on relating to pension transfer activity over the last 12 months.

The number of advice firms where the FCA has imposed restrictions on carrying out activities in relation to pension switches and/or pension transfers to self-invested personal pension schemes, over the last 12 months.

I am looking for updated information on the following FOI request[143] I filed earlier in the year relating to the number of cases seen by the FCA in the past 12 months where an introducer has had an inappropriate influence on how the authorised advice firm works (as referenced in the 2 August FCA alert).

Can you please tell me the latest figures for the number of cases seen by the FCA (to end of November 2016) and the number that have progressed to enforcement? Is it possible to break the case number figures down by month?

Also do you have any information on the outcome of the four cases mentioned in the original FOI response that were referred to enforcement?

In respect to the previous request please provide any internal documents or comments generated by those responsible for monitoring the development of these regulations and explaining why no response was given to HM Treasury.

Request relates to previous request under FOI4835:

“I would like to see the response by the FCA to the HM Treasury consultation on the 4th Money Laundering Directive. In particular an explanation of the methods of redress and restitution available through the FCA for failures by obligated entities that cause damage to individual persons.”

Relating to EU passporting:

1. Since the Brexit referendum, how many firms have applied for IMD and MiFID?

2. Have any firms surrendered their existing passports?

3. Can Swiss advisers still provide advice to UK residents from Switzerland?

AIFMD, IMD, MiFID, list of firms by name with Passports into UK:

This information was provided to the The House of Lords European Union Committee who published a report on 15th December 2016 (HL paper 81) entitled “Brexit: financial services”.  by the Financial Conduct Authority, and I would like to submit a freedom of information request to obtain more information on the data presented in this table.

Specifically, I would like to request a list of the firms by name that currently have a passport to provide services into the UK (the inbound column on the table) under each directive (AIFMD, IMD, MiFID, and so on). I do not require a hard copy of the information as an electronic list will be satisfactory.

Background

The House of Lords European Union Committee published a report on 15th December 2016 (HL paper 81) entitled “Brexit: financial services”. Contained in Chapter 2 of that report was a table “table 2”, which stated the number of firms with at least one passport under each directive. For example, the table stated that under the Alternative Investment Fund Managers Directive, 45 firms have a passport into the UK to provide the services outlined in the directive.

This information was provided to the committee by the Financial Conduct Authority, and I would like to submit a freedom of information request to obtain more information on the data presented in this table.

FOI4914[147]

FOI4914 information provided[148]

I would like to know:

1. How many (Authorised Payment Institution) API licenses have been granted by the FCA since 2008?

2. How many of these have passported into Europe since 2008?

3. How many foreign Authorised Payment Institutions have passported into UK since 2008?

How many firms authorized by the Cyprus Securities and Exchanges Commission (CYSEC) received FCA approval to trade in the U.K. under EEA passporting rules so far in 2016?

For context purposes: how many firms authorized by all non-UK regulators in the European Union received FCA approval to trade in the U.K. under EEA passporting rules so far in 2016? Can I have this answer broken down by country.

And, for comparison purposes, how many firms were authorized to trade in the UK by the FCA under passporting rules for each year between 2010-2015? Can I have this answer broken down by year and country.

FOI4896[150]

FOI4896 information provided[151]

FOI4896 information provided[152]