IFR/D - The new prudential regime for investment firms

UK HM Treasury has recently confirmed its intention to introduce a new prudential regime for investment firms based on IFR/D (though signalling potential divergence) through FCA rules, and the FCA has recently published a discussion paper on this topic.

Firms need to start their preparations for IFR/D now to be ready for next year. In this short guide, we summarise what you need to know and what you need to do.