Investment Firm Prudential Regime (IFPR)

As the single biggest change since prudential requirements were introduced, IFPR requires MIFIDPRU firms to take a deeper look at their risk framework and capital requirements. Our bespoke support packages, tools and guidance will make things clearer.

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Navigating change

The Investment Firm Prudential Regime (IFPR) was introduced in 2022, replacing previous regimes and increasing the obligations investment firms face.

We’ve invested significant time in developing bespoke solutions that really work. If you’re worried about how to deliver the required outcomes, how the new rules apply and what steps to take, get the reassurance you need from us.

Our service

  • Experienced consultants with a deep understanding of both old and new prudential regimes

  • Exclusive access to our unique, exhaustive IFPR toolkit, created to benefit investment firms

  • A team with an impeccable track record, with no IFPR application rejections or challenges to date

  • A video tutorial providing an explanation of the updated regime in easy-to-understand terms

  • Specialists who’ll demystify the process so you can feed back to your team with confidence

  • Dedicated support in completing your internal capital adequacy and risk assessment (ICARA)

  • Advice on whether your business falls within the scope of the updated regulations or not

  • An ICARA master worksheet pre-populated with accurate calculations for key requirements

What clients say

Kate Barnard
B-Compliant seem to have the balance just right for small financial advisers like us from a support and price point. They offer on-site visits or remote help, both of which are extremely helpful. Vicky and her team offer a no-nonsense approach to compliance where what you see is what you get. Perfect!
Debbie Jukes
B-Compliant has delivered everything that we expected, and then some – even at short notice. I feel that they have our best interests at heart, and I have complete confidence in the guidance they provide. They have a flexible approach and a great work ethic.
William Stevenson
What we want from a compliance consultant is threefold: to keep our compliance programme both up to date and (more importantly) effective, to offer solutions and not point out problems, and, yes, to be fairly priced! We get all three from B-Compliant.
David Bashforth
It’s early days in our relationship with Vicky and B-Compliant, but my business partners and I have so far been very impressed with the service and technical knowledge provided. For the first time in a long time, we can see compliance in a more positive light, as a tool to improve our business as a whole.
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Your questions, answered

You need to know you can depend on the team you contact for support with IFPR. We’ve shared some of our wisdom here, but if you have any further questions, please get in touch today.

View all FAQs
Who does the new regime apply to?

MiFID investment firms authorised and regulated by the FCA, including those previously categorised as BiPRU, IFPRU, and Exempt-CAD, plus collective portfolio management investment firms (CPMIs). Also, holding companies of groups containing any of these firm types.

Why have the prudential regime rules changed?

The FCA’s aim is to simplify prudential requirements for solo-regulated firms and move away from the complexities of having different regimes for different firm types. The authority also believes that IFPR will reduce barriers to entry and facilitate better competition across the investment market.

What’s changed about the application process?

There’s now an additional document in the application pack called the MIFIDPRU supplement form. This requires firms to provide information that the FCA can use to assess suitability for the IFPR regime and ensure the firm is set up on the correct reporting schedule.

Sally Collie
Sally Collie
2022-07-07
Always receive excellent service from Vicky and her team at B-Compliant, they are a very knowledgeable team and make a point of knowing our business inside out in order to give us a high standard of support.
Richard White
Richard White
2022-07-06
I approached B-Compliant regarding helping us with our FCA application for an VoP Permissions application, right away I new that we had contacted the right people. Their attitude and positive approach was fantastic. Maria Fox-Leonard was fully informed in helping us prepare our responses back to the FCA and Jeremy Smith helped with his knowledgeable insight into the FCA and how to ask the right questions. We have now successfully received out VOP permissions and I would definitely recommend them to others.
Jonathan Smith
Jonathan Smith
2022-06-27
Having worked with B-Compliant Ltd for the past 2 years. Vicky, Simon and Annabel have changed not only our business outlook, but also our attitude toward compliance! Their positive, proactive approach has helped us immeasurably in understanding the complexities of the FCA and regulation. They are always available with answers in plain English and more importantly, solutions! Thank you
Asmus Ohle
Asmus Ohle
2022-06-27
We have worked with Jeremy and his team for the last four years. They initially guided us through the FCA application process and since approval have provided us with compliance advice. They set out the to dos very clearly, communicate efficiently and ensure that all deadlines are met. They also make sure that we understand what is required from us as a newly regulated firm and explain everything in detail and in a way that we understand it. I would definitely recommend them.
jacqui davidson-slack
jacqui davidson-slack
2020-02-11
I met Vicky through a professional organisation and instantly established how knowledgeable and experienced she is in relation to compliance. Given the importance of this function within a regulated firm, Vicky provided me with some initial guidance without commitment or cost. I established that the service proposition could be tailored to exactly what I needed. Without exception staff and management have been extremely supportive and held my hand through a highly legislative process. I feel save in the hands of B-Compliant. Top Class Service. First Class Knowledge. Took all the worry from me and i now feel safe in their care. For a highly personalised service which is truly value for what is spent, you really do need to speak to Vicky and her team. Thank you !
David Brown
David Brown
2019-11-25
I would recommend B-Compliant to any financial adviser looking for compliance support and help with their business
Alan Whittle
Alan Whittle
2019-08-27
Fantastic FCA compliance consultancy. Very friendly, expert staff. Would highly recommend.

Meet the team

You can rely on our experts to deliver dedicated, personable compliance support. Say hi and learn what we can do for you.

More about us
Vicky Pearce
Director and Compliance Consultant
Jeremy Smith
Director and Compliance Consultant
Rachel MacRae
Compliance Consultant
Maria Fox-Leonard
Compliance Consultant
David Morgan
Compliance Consultant
Joanne Smith
Compliance Consultant
Rebecca Jackson
Compliance Associate
Hannah Arnold
PA to Directors
Tina Jennings
Advisory Board Member

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