2026-04-22
The Prudential Regulation Authority released its Q4 2025/26 Authorisations Performance Report to monitor regulatory decision-making against statutory service standards and transition toward shorter legislative deadlines. The report shows high compliance rates across New Authorisations, Variation of Permission, Cancellations, Change in Control, and Senior Managers Regime applications for deposit-taking and insurance firms. Updating compliance thresholds and targeting less complex cases, the regulator is accelerating approval speeds while maintaining rigorous scrutiny to foster market growth.