Between 1 April 2014 and 31 March 2016, we received nearly 37,000 applications for authorisation from consumer credit firms. We aim to allocate cases as quickly as possible and have already closed 87% of these applications – 99.6% within the statutory deadline.
http://www.fca.org.uk/news/commitmen...sation-process
http://www.fca.org.uk/news/commitmen...sation-process