Q&A  

How companies can brace for new prudential regime

Brexit has created some uncertainty around the implementation of IFR/IFD, as the new framework applies only to EU member states.

The FCA did, however, indicate in its business plan of 2019-20 that it would consult on these new requirements, and this is still what the industry expects.

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Alexander McGregor is compliance policy manager at SimplyBiz Group