FCA CEO Nikhil Rathi received a 3.3% increase in his total remuneration in 2023/34 - in line with salary increases for many FCA staff, according to the FCA's Annual Report.
The FCA doubled the number of firm authorisations it cancelled in the 2023-24 financial year.
Only just over 1 in 10 (13%) of cryptoasset authorisation applications were approved by the FCA in 2023-24, according to the regulator’s annual report.
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