Reference Case Number: FOI7430
Freedom of Information: Right to know request:
Request 1
The FCA's Q4 2019/20 register of skilled persons reports (s166) (https://www.fca.org.uk/publication/data/skilled-persons-q4-19-20.pdf) shows 9 s166 reports were commissioned for retail banking and a further 6 commissioned for retail lending.
1. How many of these firms are classed or class themselves as Fintechs?
2. Of the fintechs in this cohort of s166s what were the "lots" or types of reports commissioned (ie client assets, financial crime etc as per the FCA categories)?
3. How many firms classed as fintechs were subject to s166s in Q1 2020/21?
4. What were the "lots" or types of reports commissioned (ie client assets, financial crime etc as per the FCA categories)?
Request 2
5. How many s166 skilled persons reports have been commissioned for firms that took part in the FCA's sandbox programme?
6. What "lots" or types of reports were commissioned (ie using the FCA categories https://www.fca.org.uk/publication/documents/skilled-person-panel-lot-descriptions.pdf)?
FCA response:
Refer to the supporting document below.