FCA has updated its webpage on application for full-scope AIFM permission. It reminds firms that it has three months (or in some circumstances six) to determine an application and that firms needing authorisation more quickly can request a quicker decision but FCA is not bound to give one. On the other hand, firms that wish to defer the starting date of their authorisation may request a deferral when they apply, giving FCA their reasons for the request. (Source: FCA Updates on AIFM Applications)