Warning Signs That a Fintech Build Would Struggle Under an FCA Review
Fintech teams often discover too late that their software cannot answer a regulator's questions, with the warning signs appearing in early design choices that were never treated as compliance matters. Balances overwritten in place leave no way to trace how a figure was reached, and audit logging added near launch leaves months unrecorded. Business rules without versioning, and permissions enforced only through feature flags, make it hard to show past decisions or who authorised them. Scope set by customer requests rather than by what a review would need to verify tends to leave gaps that surface when little time remains. The article recommends settling authorisation and evidence requirements with a regulatory specialist before building begins.
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