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FCA, PRA and HMT publish joint statement on implementation of prudential reforms in Financial Services Bill

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The FCA, PRA and HM Treasury (HMT) have published a joint statement updating the timing for the introduction of the UK's Investment Firms Prudential Regime (IFPR) and implementation of Basel 3 reforms which make up the UK equivalent to the outstanding elements of the EU's Capital Requirements Regulation (CRR II)….

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