If you want to showcase your product or services to the FCA and get regulatory feedback, there are several ways to do so:
- Innovation Hub: The FCA’s Innovation Hub provides support for innovative financial products and services. You can apply to the Innovation Hub to receive regulatory feedback on your product or service. The FCA can provide guidance on whether your product or service is regulated, which regulatory requirements apply, and how to comply with them.
- Sandbox: The FCA Sandbox is a program that allows firms to test innovative products and services in a controlled environment. You can apply to the Sandbox to receive regulatory feedback and support during the testing phase. The FCA can help you identify and address any regulatory challenges that arise during the testing phase.
- Events and Workshops: The FCA hosts events and workshops where you can showcase your product or service to FCA staff and receive regulatory feedback. Check the FCA’s events calendar for upcoming opportunities.
- Regulatory Roundtables: The FCA hosts regulatory roundtables where you can discuss regulatory issues and receive feedback from FCA staff. These events are typically focused on specific topics, such as innovation or consumer protection.
- Consultations: The FCA regularly consults on new regulations and policy proposals. You can respond to consultations to provide feedback on how proposed regulations could impact your product or service.
It is important to note that the FCA cannot provide legal or commercial advice, and any feedback you receive from the FCA should be considered as regulatory guidance only. If you have specific legal or commercial questions, you should seek advice from a qualified professional.