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Authors: Peter Bevan, Harry Eddis, Alastair Holt, Martyn Hopper, Michael Kent, Nik Kiri, Raza Naeem, Karen Cooper

FCA kicks off consultation programme for UK prudential regime for investment firms

On 14 December 2020, the FCA published its first consultation paper (CP 20/24) on the new rules for a UK prudential regime for investment firms (the UK IFPR). This kicks off a programme that will involve a total of three consultation papers and three policy statements before the new regime applies from 1 January 2022.