Braithwate analyses the FCA’s review of firms’ implementation of the Investment Firms Prudential Regime (IFPR) and highlights steps firms should take to avoid penalty capital buffers.

Braithwate and HAI share insights on AI bias risk posed by the adoption of automated Identity Verification solutions as part of increasingly digitised customer onboarding journeys. In order to mitigate AI bias risk and continue to deliver fair customer outcomes, we recommend firms review their technical and qualitative approaches to AI bias risk management.