UK:
Key Highlights: Investment Firms Prudential Regime Policy Statement (PS21/9)
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On 26 July 2021, the Financial Conduct Authority (FCA)
published its second policy statement PS21/9 in relation to the new
UK Investment Firms Prudential Regime (IFPR), which will come into
force on 1 January 2022. Matthew Hazell and Shazad Khan summarise the key highlights for
firms.
Download the briefing document
here.
How can Newgate help?
Newgate have developed a readiness assessment to undertake a gap
analysis of a firm's systems and controls against the
requirements identifying any remediation actions to be undertaken.
To get your readiness assessment underway, please contact the
Newgate team at newgatecompliance.com/contact-us.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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