Data quality review of prudential regulatory reporting by MIFIDPRU investment firms

The FCA’s findings from the review, its expectations, good practice, and areas for improvement.

The FCA continues to focus on the poor quality of data many firms are submitting through their regulatory returns.

Regulatory attention in this sphere can quickly escalate, with questions on returns often triggering wider concerns regarding a firm’s capital, liquidity, and the effectiveness of its governance and risk management framework.

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