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UK FCA opens Scale-up Unit for FCA solo-regulated firms
20 May 2026The UK Financial Conduct Authority (FCA) has published a new webpage inviting applications for its Scale-up Unit for FCA solo-regulated firms. The Unit was launched in October 2025 and is designed to provide bespoke regulatory support to fast-growing firms across three groups: banks and building societies, insurers, and FCA solo-regulated firms. For the pilot cohort of FCA solo-regulated firms, applicants must demonstrate that they meet the eligibility criteria, including: being FCA-regulated and operating for at least three years; experiencing a period of sustained growth, with average income growth exceeding 20% over a three-year period and projected to continue at that rate; and generating gross annual revenue of over GBP100 million and/or achieving an investor valuation of over GBP250m (for example, through funding rounds). Meeting the criteria will not automatically guarantee acceptance. The FCA will also consider whether an application meets the definitions set out in the webpage. Applications are open until 22 June.
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