FCA staff: something's up…

The FCA is having an unprecedented growth spurt, according to the latest figures in its 2022-2023 Annual Report.

Supervision, Policy and Competition (SPC) and Data Technology & Innovation are taking most of the new joiners.  Conversely, Enforcement and Market Oversight (EMO) and the PSR are staying pretty steady (and EMO in particular is well down from a few years ago).

What's unusual about this is that this growth has happened, like, really recently.  As recently as the first few months of 2023.

It may take time for these new recruits to get settled.  Once that happens, let's see how SPC and the Data team use them.  Perhaps to support some of the FCA's innovations, taskforces and new ways of working?