The first podcast in our new mini-series focussing on the new UK Investment Firm Prudential Regime (or UK IFPR), brought to you as part of the Regulation Tomorrow podcast, provides an introduction to the UK IFPR and its application to different types of firm – CPMIs, commodities firms, exempt CAD firms and the application to clearing members and indirect clearing members.
Subsequent episodes will explore topics such as the new K-factor regime which is a major shift in the approach to calculating capital requirements.
In addition, we have developed an IFPR: Impact product to help clients manage each step of their internal implementation project. It provides a high level summary of the draft “Prudential sourcebook for MiFID Investment Firms”, as well as any consequential amendments to other FCA sourcebooks. For further information contact Jochen Vester or your usual contact at the London financial services team.