Get ready for the new investment firms prudential regime
Due to come into play early next year, the Financial Conduct Authority’s (FCA) upcoming Investment Firms Prudential Regime (IFPR) could pose a range of challenges to MiFID private equity firms of all sizes, from capital requirements, liquidity, and risk management to auditing, disclosure and reporting.
On 1 July 2021, the FCA issued their first policy statement on IFPR, which set out further details on the upcoming changes due to come into play.
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