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Giving you privacy and full control over your capital adequacy reporting under IFR Requiring only RAW trading data from you which needs no calculation on your sideĪllowing you to manually input the raw data into our systemįacilitating efficient capital allocation of your budget and meeting reporting obligations alike Integrating our solution with your trading platforms to seamlessly extract your live trading data to streamline ready results of RTC, RTM and RTF Giving a real time insight on the required capital requirements, second by second, to make sure you are covered at all times.
With this new approach, and given that most investment firms are expected to be classified as Class 2 firms, there is an ongoing obligation to calculate own funds requirements as set us in Article 9 and 10 of the IFR and make sure that existing own funds are at least the highest of the following:įINKIT solutions is specialized in making the above simple and straightforward by: The classification regime aims to enhance suitability in measuring and addressing specific risks inherent to each type of investment firm that may have not been appropriately captured under the previous Capital Requirement Regulation of 2013.īy using specific K-Factors, the new regime addresses the risk the investment firm can pose to customers, to market access or the firm itself. While the regulation is expected to affect all investment firms, specifically the ones dealing with FX and CFDs that are licensed to perform investment services such as dealing on own account and reception and transmission of orders on behalf of clients or are licensed to hold clients’ funds, IFR and IFD introduce a new classification system for investment firms, based on their activities, systemic importance, size, and interconnectedness. Regulation of the EU 2019/2033, “IFR”, alongside with the Directive EU 2019/2034, “IFD”, present new challenges to financial institutions as it involves a new approach of defining risk thresholds that will determine the relevant categories for classification and then the related reporting obligations. With the new prudential framework in focus, investment firms across Europe and the UK are expected to follow the new regime in force as of June 2021 and January 2022 respectively.
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