![](https://www.forvismazars.com/var/mazars/storage/images/_aliases/card/6/0/3/7/61447306-1-eng-GB/6327067e810d-Reflection-of-building-on-glass-window.jpg.webp)
Review of investment firms prudential framework
The European Banking Authority (EBA) and European Securities and Markets Authority (ESMA) have issued a discussion paper examining the potential review of the Investment Firms Regulation (IFR) and Investment Firms Directive (IFD), which sets capital and risk management requirements for investment firms in the European Union.