Wealth management trade association PIMFA has warned firms about the scale and impact of impending post-Brexit regulation.
The Financial Conduct Authority (FCA), Prudential Regulatory Authority (PRA) and HM Treasury are all bringing forward new regulations that are likely to have a significant impact on UK wealth management and large financial advice firms.
In terms of financial resilience, the Investment Firm Prudential Regime (IFPR) has been designed for MiFID investment...