The way in which investment firms are to be treated for the purposes of prudential regulation is changing. Set to take effect from June 2021, the Investment Firms Regulation (IFR) and Investment Firms Directive (IFD) will make significant alterations to the framework governing investment firms. The new regime will mean higher regulatory capital requirements for most investment firms, in addition to new remuneration rules and increased internal governance and disclosure and reporting requirements.

To help our financial services clients navigate the implications of the new prudential regime, we have created an IFR transition hub on the NRF Institute. The hub includes our latest views and analysis on regulatory issues, as well as access to our legislation tracker and legislation mapping tools. The hub is publicly available, apart from some aspects, which require a login to access.

To access the IFR transition hub please contact Jochen Vester or Simon Lovegrove