CP23/24: Capital deduction for redress: personal investment firms

The Prudential Regulation Authority issued consultation paper CP23/24 regarding capital deductions for redress in personal investment firms. The consultation period for this regulatory proposal opened on 29 November 2023 and closed on 20 March 2024. The document outlines specific requirements for how personal investment firms must account for redress costs within their capital adequacy frameworks.

United Kingdom

Financial Conduct Authority

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Consultation opened

29/11/2023

Consultation closed

20/03/2024

20/03/2024