Webinar: Navigating the IFPR Impact: Good and Poor Practices Observed

Description:

Since its implementation, the Investment Firms Prudential Regime (IFPR) has introduced a transformative framework for investment firms in the UK. While many firms have successfully adapted, others have faced challenges in meeting compliance requirements. This webinar aims to explore the impact of the IFPR to UK Investment Firms, the good practices that have emerged, the pitfalls some firms have encountered and actionable insights for navigating the IFPR landscape effectively.

In this session we will dive into the topic by:

• Developing a Clear Strategy & Scope – Prioritising high-risk cases, ensuring data integrity, and managing stakeholder expectations.
• Backlog Clearing Best Practices – Implementing efficient processes to address outstanding files while maintaining compliance standards.
• Managing Resources & Timelines – Addressing bottlenecks, balancing cost pressures, and understanding the remediation J-curve.
• Building a Strong Compliance Culture
• Ensuring senior management accountability and fostering collaboration between teams and clients.
• Ensuring Documentation & Continuous Improvement – Strengthening compliance frameworks and preventing future regulatory issues.

Access to the webinar and ViCA:

• By registering to our webinar, you will also get access to ViCA, our Virtual Compliance Assistant (20-queries for FREE, no Credit Card or Subscription is required to test)