# MEMA Consultants: Business Description

MEMA Consultants is a London-based FCA regulatory consultancy specialising in guiding financial services firms through the UK authorisation process and ongoing compliance management. They support firms across the entire regulatory lifecycle—from initial exploration through full FCA approval and beyond.

The firm serves three primary audiences: startups seeking FCA authorisation, established firms requiring ongoing compliance oversight, and regulated businesses launching new products or services. They also assist firms facing regulatory queries or supervisory concerns from the FCA.

What distinguishes MEMA Consultants is their dual-track approach combining advisory services with proprietary regulatory technology tools. Rather than relying solely on consultant-led guidance, they've developed eight free, no-registration-required compliance tools covering regulatory perimeter assessment, fee calculations, governance frameworks (SM&CR), Consumer Duty compliance, financial promotions, vulnerability assessments, complaints handling, and financial crime controls. Additionally, they maintain searchable databases of FCA enforcement actions and Financial Ombudsman Service complaints spanning over a decade.

Their methodology centres on simplification—translating complex FCA rules into accessible guidance through interactive assessments and step-by-step wizards. This positions them as a resource for in-house teams managing regulatory obligations independently, whilst simultaneously offering traditional consultancy for firms preferring expert-led support. The combination of free tools with professional services creates multiple entry points and appeals to firms of varying sophistication and budget constraints.