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The delays of FCA authorisations with Alison Donnelly, Director of fscom

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Senior Policy Manager Riccardo Tordera provides you with his December policy updates.

Watch the discussion between Riccardo and Alison Donnelly, Director of fscom, lead of Project Regulator and recently awarded Industry Contributor of the year at the Emerging Payments Awards, on the severe and costly delays that payments and e-money institutions are experiencing on FCA authorisations.

Alison provides her insights on why this is happening and encourages the FCA to continue their efforts to make the process swifter but also warns applicants, given the FCA’s increased scrutiny of the sector, that they must provide comprehensive applications.

For more information or if you wish to contribute to our policy work, please email Riccardo.Tordera@thepaymentsassociation.org.