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ICI Global Webinar: Understanding the UK’s New Prudential Regime for MiFID Investment Firms Archive Recording

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Understanding the UK’s New Prudential Regime for MiFID Investment Firms

 

The new UK prudential regime for investment firms (IFPR), which comes into force in January 2022, represents a significant change to how UK-domiciled MiFID investment firms will be regulated. Based on the EU Investment Firms Directive, and specifically designed for investment firms rather than systemically important banks, the IFPR introduces a broad range of new requirements for investment firms.

Participants will have the opportunity to learn about the IFPR’s requirements in key areas, including:

  • capital requirements (K-factors and the fixed overheads requirement)
  • liquidity requirements
  • the Internal Capital Adequacy and Risk Assessment (ICARA)
  • remuneration
  • regulatory reporting