FCA says Investment Firm Prudential Regime will require individual disclosure

The IFPR comes into effect 1 January 2022 and will create a single prudential regime for all FCA investment firms. It is a replacement of the EU's Investment Firm Directive, and Investment Firm Regulation. In the responses received for the final IFPR consultations in August, most favoured disclosure either being made on a consolidated basis or allowing firms the choice. However, the FCA chose to force firms to mandatory individual disclosure, adding that it will also encourage firms to voluntarily disclose on a consolidated basis. FCA pours £5m into laptops in bid to ramp up hybrid...