On 24 April 2025, the UK FCA published consultation paper CP25/10, which proposes to simplify the regulatory capital regime for FCA investment firms. In a welcome move, the FCA intends to reduce the complexity of its prudential rulebook for MiFID investment firms by consolidating and reducing the length of the existing own
Simplifying the Regulatory Capital Regime for FCA investment firms: FCA CP25/10

The proposed rules would only apply to MIFIDPRU investment firms, with announcements due for market making/principal trading firms.
