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<p>The publication of details and statistics on new bank authorisations, and changes
of control are matters for the independent financial regulators: the Prudential Regulation
Authority (PRA) and Financial Conduct Authority (FCA).</p><p> </p><p>The PRA and FCA
published a Review of the authorisation process as part of <em>A review of requirements
for firms entering into or expanding in the banking sector: one year on</em>, on 7
July 2014. This followed an earlier review of barriers to entry published in March
2013.</p><p> </p><p> </p><p>The PRA published its Annual Report and Accounts 2014
in June, which included details of the number of banks and insurance firms authorised
between 1 April 2013 and 28 February 2014. The PRA has committed to publish authorisation
statistics on an annual basis.</p>
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