Our support can help you understand the complexities of regulation. We don’t tell you how to organise your business, but we do help you understand our rules, the implications for your business model, and what you need to do to launch a regulated business.
An informal steer is a tool we use to help firms understand the potential regulatory implications of their innovative product or business model. We can provide informal steers on specific regulatory issues and the implications of an innovative product or business model that is at an early stage of development. However, informal steers are followed at your own risk. An informal steer may not have been considered by FCA senior management or a relevant committee, and we reserve the right to change our mind on an informal steer.