FCA delays to approving c-suite broker roles slammed as outrageous
Compliance experts have advised brokers to add time into their recruitment plans for c-suite positions to account for “backlogs” in the Financial Conduct Authority’s approval process as one leading broker hit out at the “ridiculous” delays.
As revealed by Post the average time taken for the FCA to approve CEO applications from brokers has nearly tripled from 57 days in 2019 to 151 days as of 30 April this year.
The figures from a
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