Weekly Regulatory Update in Conjunction with Deloitte and a Focus on a New Prudential Regime: Policy Changes on Financials

Terry Sahathevan and the team will provide their weekly regulatory update. This week’s session will focus on a new prudential policy regime. The discussion will be based on two recent publications from the FCA and HM Treasury.

On 23 June 2020, the FCA published its long-awaited Discussion Paper on a new prudential regime for MiFID investment firms, to be based on the EU Investment Firms Directive and Regulation (“IFD” and “IFR” respectively), which are due to be implemented in June 2021 (see blog post). On the same date, HM Treasury published a related Policy Statement on prudential standards in the Financial Services Bill, which complements and sets the parameters for the FCA’s approach as outlined in the Discussion Paper.

If you would like to attend this video conference, please email: events@thebrokerclub.org