On 28 September 2021, the European Commission adopted the following Delegated Regulations containing regulatory technical standards (RTS) relating to prudential requirements for investment firms under the Investment Firms Regulation (IFR):

• Commission Delegated Regulation (EU) of 24.9.2021 supplementing the IFR with regard to RTS specifying the amount of total margin for the calculation of the K-factor “clear margin given”.
• Commission Delegated Regulation (EU) of 24.9.2021 supplementing the IFR with regard to RTS specifying the notion of segregated accounts to ensure client money’s protection in the event of an investment firm’s failure.
• Commission Delegated Regulation (EU) of 22.9.2021 supplementing the IFR with regard to RTS specifying the methods for measuring the K-factors referred to in Article 15 of that Regulation.

The Council of the EU and the European Parliament will now scrutinise the Delegated Regulations. If neither object, they will enter into force 20 days after their publication in the Official Journal of the European Union.