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What is called "interim authorisation" was granted to 5,247 brokers, and only since 1 October has the authority begun assessing applications in detail.
Firms still awaiting a final decision from the FSA are to be granted interim authorisation, which means that consumers who buy insurance through these companies will not be entitled to compensation if they lose money through the company going out of business.
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Mr Moyes also has strong powers to intervene where trusts are failing or breaking the terms of their authorisation, including powers to appoint interim managers or insolvency administrators, to sack the board of directors or - in extreme cases - revoke the foundation's licence.
"This is to enable government to have the time and space to consider applications for emergency authorisations without having to provide interim comment or provoking representations from different interest groups whose views on the issue are well known".
An interim report on Friday by the joint standing committee on electoral matters (JSCEM) warned that electoral laws needed updating as some new media had no authorisation requirements.
Next step: abolish authorisation".
suspension of the marketing authorisation of Acomplia [press release].
The foreign secretary – Straw – gave the authorisation.
Authorisation, establishing reference DNELs for DEHP.
The ETIAS authorisation is not a visa.
Authorisation – establishing reference DNELs for DBP.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com