Reference Case Number: FOI8510
Freedom of Information: Right to know request:
How many new financial advice firms were authorised between 16th March, 2020 and 15th March 2021? How many were authorised between March 16,2019 and 15th March, 2020? I'm trying to find out whether the lockdown had any impact on the number of new advice firms being established. I am only interested in new businesses.
FCA response:
We have processed your email in line with the provisions of the Freedom of Information Act 2000 (FOIA) and can disclose to you that the number of newly authorised firms within the specified time are as follows.
16 March 2019 to 15 March 2020 – 181
16 March 2020 to 15 March 2021 – 224