The regulatory environment in the UK is on the cusp of significant change. As the compliance deadline for the Investment Firm Prudential Regime (IFPR) looms closer, investment firms need to take action to ensure they meet this target.
Smaller, previously exempt firms might be the ones to experience the biggest upheaval as they need to account for new risk factors and adjust their capital requirements accordingly.
However, it's not too late to take action. This report outlines the steps firms can take to prepare for this change and the paths which will support them in this journey.