The free perimeter self-check is a useful starting point for an initial, general indication. This consultant-led service is a fact-specific review of your actual model, documents, permissions and intended route, with a written memo and a discussion of assumptions, exclusions and gaps.
REGULATORY ADVICE
Regulatory Perimeter Assessment
Find out which FCA permissions your business needs, with a written, reasoned assessment you can retain.
Written assessment
Clear conclusion and reasoning.
Activities & permissions map
Mapped to your business model.
FCA perimeter analysis
Reasoned against your activities.
Recommended next steps
Practical actions you can take.
- Usually 5 working days from complete information
- Fixed professional fee
- No subscription
Your assessment
£3,000
Price includes an amount for VAT; a VAT invoice will follow once our VAT number is issued. No FCA application included.
Start assessmentNot sure it's right for you? Check in 60 seconds →Get clarity before you proceed
A clear, written answer to your FCA questions.
We review your business model, activities, agreements and customer journey to assess how your activities interact with the FCA regulatory perimeter.
Clear outcome
Written conclusion with reasoning.
Activity mapping
Your activities mapped to regulated activities.
Practical next steps
What this means for you and actions to take.
Expertise you can rely on
Led by experienced regulatory specialists.
- Firms supported
- 100+
- Usual turnaround
- 5 working days
Across MEMA's FCA authorisation and permissions work.
From receipt of complete information.
Your deliverables
A comprehensive, written assessment.
You'll receive a clear, professional document setting out our assessment and recommendations, which you can retain for your records.
- 01
Executive summary
Clear conclusion and outcome
- 02
Business model overview
Your activities and customer journey
- 03
Activities and analysis
Mapping to FCA regulated activities
- 04
Permissions assessment
Likely permission implications
- 05
Areas of uncertainty
Any matters requiring further analysis
- 06
Recommended next steps
Practical actions and options
- 07
Supporting provisions
Key FCA rules and guidance
See what your assessment will look like
Explore a sample of the key sections you'll receive.
Illustrative sample — not advice
A fictional example, for a fictional firm (“Example Retail Ltd”), to show the real shape and quality of the document you'll receive. It states no conclusion about any real firm.
Download sample (PDF)A simple, four-step process
From your answers to a written decision record.
A clear and efficient process, usually completed within 5 working days of complete information.
1
Tell us about your business
A short structured assessment online.
2
MEMA reviews your model
Expert analysis of your activities.
3
We assess the perimeter
FCA rules, guidance and precedents applied.
4
Your report arrives
A written assessment, usually within 5 working days of complete information.
What's included in the fixed fee?
- Review of your business model and activities
- Mapping to FCA regulated activities
- Written assessment with reasoning
- Permission implications
- Recommended next steps
What isn't included?
- Formal legal opinion or tax advice
- Overseas regulatory advice
- Materially different business models outside the standard assessment
- Implementation of any required permissions
- Ongoing compliance support (available separately)
Not sure where to start? Try the free perimeter self-check for an initial indication before commissioning the written review.
Is this right for me?
Check in 60 seconds.
Answer a few quick questions about your business and we'll confirm the route before you pay.
Your answers are confidential and only used to recommend the right service.
Question 1 of 3
Current FCA position
Live route preview
Regulatory Perimeter Assessment
— answer the questions to confirm.
Regulatory Perimeter Assessment · £2,500 + VAT
Frequently Asked Questions
Select a question to view the answer.
No. MEMA’s assessment is a professional analysis and route recommendation, not an FCA determination. The FCA makes its own decisions based on the application, evidence and circumstances before it.
Usually the proposed or current customer journey, products and services, counterparties, money flows, contractual roles, distribution model, jurisdictions, permissions and relevant existing documentation. The exact list is agreed at scoping.
This service is regulatory consulting, not legal advice. Where the question turns on legal interpretation, contractual construction, litigation, privilege or another matter requiring counsel, legal advisers may need to be involved.