IFPR RESOURCES AND SUPPORT. WHEN ONLY A SPECIALIST WILL DO.

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Investment Firms Prudential Regime

The UK Investment Firms Prudential Regime (IFPR) comes into force on 1 January 2022. It will affect all FCA prudentially regulated MiFID investment firms, including principal brokers and matched principal brokers; investment managers; and adviser/arranger firms categorised as ‘exempt-CAD’.

The new rules present major changes, requiring some firms to hold much more capital and introducing new obligations such as the Internal Capital Adequacy and Risk Assessment (ICARA) process.

3,600 firms will be affected and around one third will face a significant impact, as they are required to implement new processes, policies and procedures (source: FCA CP21/7 published May 2021).

Webinars

UNDERSTANDING AND PREPARING FOR IFPR

View recorded webinar, including specifically for 'exempt-CAD' firms: 

CP20/24 first tranche of proposed rules - VIEW RECORDING

CP21/7 second tranche of proposed rules - VIEW RECORDING

You can also view articles relating to the FCA Policy Statements - PS21/6 and PS21/9

View all webinars

FOCUS

WEBINAR 28/9/21: A GUIDE TO THE ICARA

All firms regulated under the IFPR wll be required to have an ICARA. 

This means that some firms will face these processes for the first time, whilst others will need to adapt their ICAAP to meet the ICARA requirements.

Our webinar being held on 28 September will provide you with a 'step-by-step' implementation guide.

Find out more and register

SERVICES

BOOK AN IMPACT ASSESSMENT

Our team of highly experienced accountants and compliance consultants are helping many firms prepare for the implementation of IFPR.;

Get a detailed report showing precisely how IFPR will affect your firm and which considers capital and liquidity requirements, ICARA and other governance processes. Providing the steps you need to take to become IFPR-ready.

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Why Compliancy Services?

HIGHLY EXPERIENCED TEAM

Highly experienced Prudential team led by Harpartap Singh, a recognised regulatory capital and liquidity specialist.

PREPARE FOR IFPR

Misinterpreting the regulations or having inadequate processes can lead to costly errors. We can identify how IFPR will affect your firm and help you develop a robust plan to be IFPR-ready by 1 January 2022.

COMPLIANCE ASSURANCE

We can review your calculations and plans; and offer the assurance that your firm is on track to comply with the new UK IFPR.

PEER LEARNING

You benefit from the knowledge, experience and insight we have gained from working with many other firms in your sector.

SUPPORTS GOVERNANCE

Our independent review is often required as part of the governance processes and to satisfy senior management

BROAD SERVICE CAPABILITY

Capital requirement assessments, ICAAPs, ICARAs, ILAAPs, scenario and stress testing, wind down planning and regulatory reporting.

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