“Winter is coming” – DP20/2 augurs prudential feats for investment firms

A recent discussion paper sets out to replace the patchwork of prudential requirements that currently govern investment firms with something more fit for purpose. But DP20/2 – and its forerunner FG20/1 – portend far-reaching implications for all firms, as Julian Sampson relates.

Julian Sampson(julian@fulcrumcompliance.com) is director of Fulcrum Compliance (www.fulcrumcompliance.com).

You all know the scene.