We are seeking your views about specific rules and policies that are restricting innovation or that should be introduced to facilitate innovation in digital and mobile solutions.
Why are we publishing this paper?
One of the FCA’s operational objectives is to promote effective competition in the interests of consumers. Innovations often drive effective competition.
Regulatory barriers, both in the UK and at EU level, can distort competition and discourage new entrants to the market denying consumers the benefits of new services or improved services from current providers.
Through this Call for Input, we are seeking your views about specific rules and policies that are restricting innovation or that should be introduced to facilitate innovation in digital and mobile solutions.
Call for Input: Regulatory barriers to innovation in digital and mobile solutions [PDF]
Who should read this paper?
This paper will be of particular interest to businesses looking to use digital or mobile solutions for providing financial services. This can include innovator firms (both authorised firms and new entrants), accelerators, businesses in the telecoms industry, software firms and technology companies.
How to respond
Please submit your input by 7 September 2015 through the online form. If you are unable to use the form, either send an email with the subject title ‘Call for Input: Regulatory barriers to innovation in digital and mobile solutions’ or write to the address below.
Helen Ginter
Innovation Hub
Strategy & Competition Division
Financial Conduct Authority
25 The North Colonnade
Canary Wharf
London E14 5HS
Telephone: +44 (0)20 7066 4488
Find out more about Project Innovate
See the innovation section of our website.