Proposed rules (and consultations on the changes) to introduce the Investment Firm Prudential Regime (IFPR).

IFPR is the new prudential regime for UK firms authorised under the Markets in Financial Instruments Directive (MiFID).

FCA also introduced proposed changes to PRIIPS.

See the IFPR Policy Statement – https://www.fca.org.uk/publication/policy/ps21-9.pdf

See the publication of the Consultation Paper on MiFID changes here – https://www.fca.org.uk/publications/consultation-papers/cp21-26-new-uk-prudential-regime-mifid-investment-firms

And the RTS proposed amendments here – https://www.fca.org.uk/publications/consultation-papers/cp21-23-priips-proposed-scope-rules-amendments-regulatory-technical-standards