Prudential Webinar: Capital Markets

Date: 5 March 2024

Format: Recorded Webinar

What is the FCA’s current Prudential and Regulatory Reporting Focus

Date: 5th March 2024

Time: 10:00 am - 11:00 am

Hosted by: Harpartap Singh, Jonathan Aseervatham & Stefan Babic

This webinar has now passed but is now available to view on demand. The recording of this webinar will be relevant for all firms within the Prudential & Capital Markets space, including, hedge fund managers, private markets managers, corporate finance firms, broker-dealers; and other investment managers. Access the recording of the webinar using the button below.


 access webinar recording


Webinar Background

On 5th March 2024, we hosted our Prudential Webinar, focussed on Capital Markets. This webinar looked at what's coming down the regulatory track for 2024.

2023 was a busy year for Investment Firms in terms of keeping on top of their prudential and regulatory reporting requirements. We have worked with numerous firms helping them with:

  • Assessments of the adequacy of financial resources (capital and liquidity)
  • Refining their regulatory reporting processes
  • Developing robust risk and harm analysis frameworks
  • Enhancing stress testing and recovery plans
  • Responding to FCA feedback in respect of wind-down planning
  • Developing more efficient group and capital structures

Looking towards what's to come in 2024, we thought it would be useful to put together a webinar that will:

  • highlight the key prudential initiatives and reforms hitting firms and compliance departments in 2024;
  • to share what we believe are key FCA priorities and any common themes we are seeing; and
  • to help enable participants to earmark resources to prepare for regulatory initiatives in good order.


The agenda below highlights the main areas of focus for this webinar.

Financial Resilience – What’s next for firms?

MIFID investment firms: The story so far and where we’re heading? 

  • How have firms adapted to IFPR?
  • Recent FCA feedback – what does it all mean?
  • Where are we headed?

Areas in focus: Personal Investment Firms

  • Levelling the playing field: Proposed Requirements for PIFs
  • Proposals in Consultation: Capital for redress liabilities
  • Proposals in Discussion: Increased requirements
  • Implementation timeline and firm actions

Areas in focus: Other non-MIFID firms

  • Key Principles
  • Rule changes – what to expect and when to expect them?
  • Observations from regulatory touchpoints


This webinar is relevant for all firms within the Prudential & Capital Markets space, including, hedge fund managers, private markets managers, corporate finance firms, broker-dealers; and other investment managers.


Harpartap Singh is responsible for the for the development and expansion of Cosegic's prudential services offering and client service delivery. He has substantial experience helping firms manage their prudential regulatory obligations, including investment firms' ICARA and banks' ICAAP and ILAAP reviews; SREP remediation; REGDATA reporting; recovery and resolution plans; wind down planning; regulatory capital restructuring; and M&A due diligence. Whilst he has substantial experience helping firms across all sectors to comply with their prudential regulatory obligations, his particular strength is helping investment firms and credit institutions.

Jonathan is a Director of our Prudential team, where he specialises in helping our clients to assess their regulatory capital and liquidity requirements; to implement IFPR including developing ICARAs and wind down plans; and to assist with their regulatory reporting obligations. As well as being an experienced compliance professional, Jonathan is also a qualified ACA chartered accountant and a fellow of the Institute of Chartered Accountants in England and Wales (ICAEW).

Stefan is an Associate Director within our Prudential Services team. He specialises in providing technical support to our clients in respect to capital and liquidity requirements, assisting clients with their with financial and non-financial risk management, supporting firms with ICAAP, ICARA and Wind-down planning and providing ongoing support to firms requiring assistance with their prudential obligations.

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