This blog was published on 22 September 2021. The PRA remains concerned over the quality of regulatory reporting following the findings...
This blog was published on 02 September 2021. The FCA continues to deliver on its plans to establish a new prudential regime for UK...
IntroductionThe FCA has issued its second (CP21/7) of three proposed consultation papers on the new IFPR, with proposed rules that will...
BackgroundThe Investment Firm Regulation (IFR) [1] and the Investment Firm Directive (IFD) [2] were published in the European Union’s...
Reverse stress testing is by no means a new concept; however, it is seen as good practice for firms, which are within scope. Reverse...
Here are six key areas to consider when preparing for the UK implementation of IFPR; 1. Governance and oversightIs your Board and Senior...
This is an abridged version of a more in-depth note attached below.The initial shock from COVID-19The banking system has weathered the...
Overview On 5 December 2019, the Investment Firm Directive (IFD) and the Investment Firm Regulation (IFR) were published, for...