diff --git a/src/components/tx/ApprovalEditor/ApprovalEditor.test.tsx b/src/components/tx/ApprovalEditor/ApprovalEditor.test.tsx
index 71897d7606..993deb5bba 100644
--- a/src/components/tx/ApprovalEditor/ApprovalEditor.test.tsx
+++ b/src/components/tx/ApprovalEditor/ApprovalEditor.test.tsx
@@ -24,7 +24,7 @@ describe('ApprovalEditor', () => {
     expect(result.container).toBeEmptyDOMElement()
   })
 
-  it.skip('renders an error', async () => {
+  it('renders an error', async () => {
     jest
       .spyOn(approvalInfos, 'useApprovalInfos')
       .mockReturnValue([undefined, new Error('Error parsing approvals'), false])
@@ -35,7 +35,7 @@ describe('ApprovalEditor', () => {
     expect(await result.queryByText('Error while decoding approval transactions.')).toBeInTheDocument()
   })
 
-  it.skip('renders a loading skeleton', async () => {
+  it('renders a loading skeleton', async () => {
     jest.spyOn(approvalInfos, 'useApprovalInfos').mockReturnValue([undefined, undefined, true])
     const mockSafeTx = createMockSafeTransaction({ to: '0x1', data: '0x', operation: OperationType.DelegateCall })
 
diff --git a/src/components/tx/ApprovalEditor/hooks/useApprovalInfos.ts b/src/components/tx/ApprovalEditor/hooks/useApprovalInfos.ts
index 2479996e16..664c2220ea 100644
--- a/src/components/tx/ApprovalEditor/hooks/useApprovalInfos.ts
+++ b/src/components/tx/ApprovalEditor/hooks/useApprovalInfos.ts
@@ -6,6 +6,7 @@ import { type SafeTransaction } from '@safe-global/safe-core-sdk-types'
 import { type TokenInfo } from '@safe-global/safe-gateway-typescript-sdk'
 import { ethers } from 'ethers'
 import { PSEUDO_APPROVAL_VALUES } from '../utils/approvals'
+import { useMemo } from 'react'
 
 export type ApprovalInfo = {
   tokenInfo: (Omit<TokenInfo, 'logoUri' | 'name'> & { logoUri?: string }) | undefined
@@ -17,22 +18,28 @@ export type ApprovalInfo = {
 
 const ApprovalModuleInstance = new ApprovalModule()
 
-export const useApprovalInfos = (safeTransaction: SafeTransaction | undefined) => {
+export const useApprovalInfos = (
+  safeTransaction: SafeTransaction | undefined,
+): [ApprovalInfo[] | undefined, Error | undefined, boolean] => {
   const { balances } = useBalances()
+  const approvals = useMemo(() => {
+    if (!safeTransaction) return
 
-  return useAsync<ApprovalInfo[] | undefined>(
-    async () => {
-      if (!safeTransaction) return
+    return ApprovalModuleInstance.scanTransaction({ safeTransaction })
+  }, [safeTransaction])
 
-      const approvals = await ApprovalModuleInstance.scanTransaction({ safeTransaction })
+  const hasApprovalSignatures = !!approvals && !!approvals.payload && approvals.payload.length > 0
 
-      if (!approvals || !approvals.payload || approvals.payload.length === 0) return Promise.resolve([])
+  const [approvalInfos, error, loading] = useAsync<ApprovalInfo[] | undefined>(
+    async () => {
+      if (!hasApprovalSignatures) return
 
       return Promise.all(
         approvals.payload.map(async (approval) => {
           let tokenInfo: Omit<TokenInfo, 'name' | 'logoUri'> | undefined = balances.items.find(
             (item) => item.tokenInfo.address === approval.tokenAddress,
           )?.tokenInfo
+
           if (!tokenInfo) {
             tokenInfo = await getERC20TokenInfoOnChain(approval.tokenAddress)
           }
@@ -45,7 +52,9 @@ export const useApprovalInfos = (safeTransaction: SafeTransaction | undefined) =
         }),
       )
     },
-    [safeTransaction, balances.items.length],
+    [hasApprovalSignatures, balances.items.length],
     false, // Do not clear data on balance updates
   )
+
+  return [hasApprovalSignatures ? approvalInfos : [], error, loading]
 }
diff --git a/src/components/tx/ApprovalEditor/index.tsx b/src/components/tx/ApprovalEditor/index.tsx
index b9001e5c09..0938b743ae 100644
--- a/src/components/tx/ApprovalEditor/index.tsx
+++ b/src/components/tx/ApprovalEditor/index.tsx
@@ -1,4 +1,4 @@
-import { Box, Divider, SvgIcon, Typography } from '@mui/material'
+import { Alert, Box, Divider, Skeleton, SvgIcon, Typography } from '@mui/material'
 import { type MetaTransactionData, type SafeTransaction } from '@safe-global/safe-core-sdk-types'
 import css from './styles.module.css'
 import { ApprovalEditorForm } from './ApprovalEditorForm'
@@ -32,9 +32,9 @@ export const ApprovalEditor = ({
   safeTransaction: SafeTransaction | undefined
   updateTransaction?: (txs: MetaTransactionData[]) => void
 }) => {
-  const [readableApprovals] = useApprovalInfos(safeTransaction)
+  const [readableApprovals, error, loading] = useApprovalInfos(safeTransaction)
 
-  if (!readableApprovals || readableApprovals?.length === 0 || !safeTransaction) {
+  if (readableApprovals?.length === 0 || !safeTransaction) {
     return null
   }
 
@@ -52,7 +52,11 @@ export const ApprovalEditor = ({
   return (
     <Box display="flex" flexDirection="column" gap={2} mb={3}>
       <Title />
-      {isReadOnly ? (
+      {error ? (
+        <Alert severity="error">Error while decoding approval transactions.</Alert>
+      ) : loading || !readableApprovals ? (
+        <Skeleton variant="rounded" height={100} data-testid="approval-editor-loading" />
+      ) : isReadOnly ? (
         <Approvals approvalInfos={readableApprovals} />
       ) : (
         <ApprovalEditorForm approvalInfos={readableApprovals} updateApprovals={updateApprovals} />
diff --git a/src/services/security/modules/ApprovalModule/index.ts b/src/services/security/modules/ApprovalModule/index.ts
index a14b9ddfac..3fc3238f6d 100644
--- a/src/services/security/modules/ApprovalModule/index.ts
+++ b/src/services/security/modules/ApprovalModule/index.ts
@@ -35,7 +35,7 @@ export class ApprovalModule implements SecurityModule<ApprovalModuleRequest, App
     return []
   }
 
-  async scanTransaction(request: ApprovalModuleRequest): Promise<SecurityResponse<ApprovalModuleResponse>> {
+  scanTransaction(request: ApprovalModuleRequest): SecurityResponse<ApprovalModuleResponse> {
     const { safeTransaction } = request
     const safeTxData = safeTransaction.data.data
     const approvalInfos: Approval[] = []
diff --git a/src/services/security/modules/types.ts b/src/services/security/modules/types.ts
index 4c46aafac3..415fe2cd0a 100644
--- a/src/services/security/modules/types.ts
+++ b/src/services/security/modules/types.ts
@@ -17,5 +17,5 @@ export type SecurityResponse<Res> =
     }
 
 export interface SecurityModule<Req, Res> {
-  scanTransaction(request: Req): Promise<SecurityResponse<Res>>
+  scanTransaction(request: Req): Promise<SecurityResponse<Res>> | SecurityResponse<Res>
 }