The Financial Conduct Authority, FCA, has published the findings from an initial review of
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The Financial Conduct Authority, FCA, has published the findings from an initial review of investment firms’ progress in implementing the internal capital adequacy and risk assessment (ICARA) process and reporting requirements under the new Investment Firms Prudential Regime (IFPR) which came into force on January 1, 2022 and which is outlined in the MIFIDPRU Prudential Standards section of the FCA Handbook. To recall, the ...