Expert FCA Compliance Services and Support

FCA Compliance Services

Navigating the intricate landscape of Financial Conduct Authority (FCA) regulations can be daunting. The ever-expanding rulebook and frequent updates pose challenges for businesses of all sizes, making it essential to stay compliant to avoid penalties.An FCA compliance consultant plays a crucial role in assisting authorized firms and those seeking authorization to ensure adherence to FCA regulations. While compliance obligations cannot be entirely outsourced, a skilled consultant can offer cost-effective solutions to help meet these obligations effectively.

When selecting an FCA compliance Services should consider the following key issues:

  • What experience does the compliance consultant have in the area of compliance that the firm requires assistance with, and is their knowledge up to date.
  • What capacity does the FCA compliance consultant have, and do they have any contingency arrangements in the event that they are unable to undertake the work due to unforeseen circumstances.
  • Are they able to provide workable solutions rather than just identify problems.
  • Will they be able to work with key individuals in the firm, and will they add value to the firm.
  • We’re not just an FCA Compliance Consultant; we’re a team of expert FCA Compliance Consultants with experience and proven results in all aspects of FCA compliance.

Ongoing FCA Compliance

As an FCA authorised person or firm, you might need help to ensure you comply with the FCA’s rules.

We provide our clients with support they need to maintain compliance and avoid breaching the rules. Our bespoke service is individually tailored to each of our client’s requirements and objectives to help them meet in the best way possible.

Whether you need documentation to help you remain compliant, want ongoing advice or support, impartial monitoring of your activities or anything else, MEMA may be able to help.

Why Choose MEMA?

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MEMA has been supporting firms through the FCA compliance process since 2019. In that time, we have helped hundreds of businesses to successfully gain and retain FCA authorisation.

We have a unique blend of experience from ex-regulators, big 4 consultants and fin/regtech specialisation. Our team is highly experienced and expertly skilled. We specialise in providing our clients with solutions to often complex regulatory requirements and compliance needs.

Our unique industry insight and comfort with compliance enables our team to support you to the fullest extent possible, helping to develop your business model and compliance.

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January 7, 2022

FCA Fee Cap on CMCs

You will be aware that the FCA’s price cap is coming into existence on 1 March 2022. As a quick primer, this means there will now be five redress bands with a maximum fee charged per band.

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April 11, 2021

Notfication for FCA Directory Persons

Have you completed your FCA Directory Persons? If you have not heard or are wondering, by 31 March 2021, the FCA is proposing that solo regulated firms (you) must submit their Directory Persons data via Connect.

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July 4, 2022

What is an FCA Final Notice

If you follow regulatory news, you will understand the FCA releases news of final notices and fines issued on firms and individuals that have breached its rules.

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Insights

July 4, 2025

FCA's Evolving Vision: Safer Culture, Smarter Tech, Sharper Trust

This week, the FCA took a bold step forward in reshaping both how firms operate and how customers experience financial services.
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December 20, 2025

FCA Consumer Duty: Focus on consumer protection, regulatory clarity, and market growth.

This week, the FCA has made significant strides in enhancing consumer protection, improving regulatory clarity, and fostering market growth. The final guidance on tackling non-financial misconduct reaffirms the FCA’s commitment to strengthening ethical standards in the financial services sector. Alongside this, the FCA has outlined plans to build the future mortgage market, with a strong emphasis on accessibility and sustainability. Key updates also include crypto regulation proposals, insurance work expansions, and a reform to the UK Benchmarks Regulation. Firms should review their compliance frameworks, risk strategies, and actively participate in consultations to align with these regulatory changes.
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November 10, 2024

The Importance of Timely Disclosure: Lessons from the FCA's £350,000 Fine on Wise CEO

Discover how Wise CEO Kristo Käärmann's failure to notify the FCA of significant tax issues led to a substantial fine. Learn key compliance lessons for financial firms from MEMA Consultants.
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FCA's New Listing Rules: Paving the Way for a Stronger UK Capital Market

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April 20, 2023

FCA's New Consumer Duty Takes Center Stage Amid Cost of Living Crisis

The Financial Conduct Authority (FCA) has highlighted its focus on ensuring good consumer outcomes in its latest Business Plan, selecting 'putting consumers' needs first' as one of its four priority areas for the upcoming year. This comes in response to the ongoing cost of living crisis, and the FCA is committing additional resources and headcount to Consumer Duty-related activities.
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December 6, 2021

Funeral plans come under FCA regulation July 2022

The FCA has confirmed that from 29 July 2022, it will take on responsibility for regulating and supervising the pre-paid funeral plans market.
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November 22, 2025

FCA Weekly Updates - Innovation, Oversight, and Market Transparency

This week’s FCA updates emphasize consumer protection alongside the need for financial innovation. The regulator’s focus is clear: stricter oversight on products like CFDs, the importance of combining human expertise with AI in financial markets, and an emphasis on personalized financial wellbeing.
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June 11, 2021

FCA Financial Promotions Quarterly Review

In our first of the series on regulatory smarts, we alert you to the quarterly financial promotion release issued by the FCA
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April 11, 2021

Understanding the FCA Culture and Governance requirements

The financial crisis placed banks under the public spotlight, the investigation into some of the practices revealed behaviors that caused public indignation, Payment Protection Insurance (PPI) is but one example. The financial crisis placed banks under the public spotlight, the investigation into some of the practices revealed behaviors that caused public indignation, Payment Protection Insurance (PPI) is but one example.
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May 18, 2023

Use of Personal Communications Channels. A Compliance Concern for Regulated Entities

In today's digital age, the use of personal communications channels for work purposes has become a major point of contention for regulated entities. Financial services regulators globally,
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December 16, 2025

Nationwide £44.1m FCA Fine: The Control Failures, The 2025 Pattern and What to Do Now

On 12 December 2025, the FCA fined Nationwide Building Society £44,078,500 for inadequate anti-financial crime systems and controls between October 2016 and July 2021.
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June 26, 2025

From Market Abuse to AML: Five FCA Breach Categories to Watch in 2025

AML, conflict-of-interest and operational-resilience fines are rising fast. Learn how to safeguard your firm before the next FCA crackdown.
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January 9, 2023

What are the FCA Fit & Proper Requirements and Conduct rules?

Following on from our previous article about the Senior Manager regime, we provide more detail about the FCA Fit & Proper Requirements and Conduct rules.
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December 25, 2025

Focus on enforcement, consumer protection and payments flexibility.

These FCA updates from 19 to 23 December 2025 highlight a strong regulatory focus on governance, consumer protection, and financial resilience. The FCA continues to take decisive action against firms that pose risks, while also adjusting rules to support innovation, such as increased flexibility on contactless payment limits. At the same time, warnings around unregulated investments and firm failures underline the importance of robust controls and clear consumer communications.
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December 29, 2022

What is the Appointed Representative Regime?

In this series of articles, MEMA will break down what is the Appointed Representative Regime and what steps your organsiation will need to take.
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Your key contacts

ADEMOLA OMOSANYA

Ademola is an accomplished consultant with over a decade of experience across regulation, banking, and consumer credit. As MEMA Consultants co-founder, he leverages extensive regulatory expertise to guide clients through critical processes and full compliance. His experience across sectors enables tailored solutions to complex business challenges. Ademola partners with clients as a strategic advisor to help futureproof their business through an in-depth understanding of the regulatory landscape.

MISAH MARAGH

Misah is a director at MEMA Consultants with over a decade of experience in financial services. Holding a legal background and postgraduate qualification, she previously worked at the Financial Conduct Authority. Misah has led compliance transformation for global consumer services organisations across Europe, the Caribbean, and Latin America. Her expertise includes implementing compliance frameworks for financial regulations, FCPA, UK Bribery Act, data privacy, and Sarbanes-Oxley. Misah is skilled at advising clients on operational and strategic projects, leveraging her in-depth knowledge of regulatory environments to deliver solutions tailored to complex business needs.

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