PS21/17: A new UK prudential regime for MiFID investment firms

The Financial Conduct Authority issued Policy Statement PS21/17 to establish a new prudential regime for UK MiFID investment firms. This document finalizes rules that replace the previous capital requirements with a tailored framework designed to ensure financial resilience and consumer protection. The changes take effect following the consultation period that closed in September 2021, marking a significant shift in the regulatory landscape for these firms.

United Kingdom

Financial Conduct Authority

Consultation opened Read more about Consultation opened

06/08/2021

Consultation closed

17/09/2021

Policy statement

26/11/2021