Course description
IFPR - Investment Firms Prudential Regime & ICARA
The EU Investment Firms Regulation and Directive (IFR/IFD) came into force December 2019, introducing a new prudential regime for investment firms and a material shift in the EU regulatory framework for investment firms currently authorised under MIFID. The IFR/IFD requirements vary by firm activities and asset size, but will replace the current Capital Requirements Regulation and Directive (CRR/CRD) for most investment firms. In addition, the ICARA – Internal Capital Adequacy and Risk Assessment will replace the existing Internal Capital Adequacy and Assessment Process (ICAAP). We will be also examining the UK IFPR – Investment Firm's Prudential Regime and its impact on funds in the UK.
This practical 1 day course taught by an expert with over 20 years of practical experience from the sector will examine the new regime and give you a chance to learn about compliance and regulatory capital requirements and their impact on firms’ liquidity, prudential consolidation, risk management and governance frameworks as well as remuneration requirements and regulatory disclosures.
We provide a number of other courses you may be interested in, including: MiFIR Transaction Reporting, EMIR Refit, SFDR, SFTR, MAR, BCBS / IOSCO UMR Uncleared Margin Rules, STOR and more.
Upcoming start dates
Course content
Main topics covered during this training
- Regulatory Background
- Capital Requirements – Own Funds and K Factors
- Risk Management – ICARA, Liquidity and Concentration
- Remuneration Requirements
- Governance
- Implications for EU and Global Investment Firms
- Timelines and Implementation
- Other Considerations including regulatory reporting, impact of Brexit, and ESG requirements
This course will provide investment firm participants with the following key tools to help comply with IFR / IFD & UK IFPR – Investment Firm's Prudential Regime:
- Classification of your firm and implications for non-EU domiciled entities
- Calculation of the new Capital and Liquidity requirements, ICARA, K factors and own fund requirements
- Setting up a Risk Management and Governance framework, changes to remuneration, and oversight committees
- Regulatory disclosures and other considerations such as impact of Brexit and ESG requirements
Suitability - Who should attend?
This course is most useful for:
- Chief Finance Officers and Finance control functions
- Chief Risk Officers and Risk control functions
- Heads of Legal and
- Compliance and
- Heads of HR
- for investment firms within the EU as well as third country firms operating in the EU.
Outcome / Qualification etc.
Course Certificate on Completion
Course delivery details
We offer this course for both individual students, as well as the ability to book them as private in house training for companies looking to train employees.
Expenses
Online: Early Bird £850, regular price £995 + VAT. 10% discount for 3 people. There is no VAT for delegates based outside of the EU.
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Eureka Financial
Eureka Financial is a provider of banking, finance, regulatory, risk and wealth management training courses. We also offer some business management and soft skills training programmes. Based in London, UK, we organise public courses in London as well as tailored in-house...