Following the publication of DP20/2: Prudential Requirements for MiFID Investment Firms in June 2020 (see our blog post), the FCA has now published its consultation on the new UK prudential regime for MiFID investment firms (IFPR) (CP20/24).
The IFPR is expected to apply to around 3,200 FCA authorised firms from 1 January 2022. If you would like to discuss how the IFPR and the proposals in CP20/24 might apply to your firm, please contact us.
Read our full briefing here.
Disclaimer
The articles published on this website, current at the dates of publication set out above, are for reference purposes only. They do not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking any action.