MiFID IFD/IFR and IFPR Reporting

Comprehensive Support for MiFID IFD/IFR and IFPR Reporting

Navigating regulatory requirements under the Investment Firms Directive (IFD) and Investment Firms Regulation (IFR) for European Banking Authority (EBA) jurisdictions, as well as the Investment Firm Prudential Regime (IFPR) for the UK Financial Conduct Authority (FCA), can be challenging for investment firms. AddCompliance supports firms by preparing and submitting these returns accurately, ensuring compliance with all necessary calculations, such as K-factors, and submitting in the required digital formats, including XBRL.

Flexible Reporting Support to Suit Your Needs

Our tailored approach allows investment firms to engage with their reporting process in a way that works best for them. Whether you need a full-service solution or prefer to retain some in-house control, we provide the tools and expertise to make the process efficient and compliant. With AddCompliance, firms benefit from precision in calculations, seamless formatting, and the reassurance of having experts review their returns before submission.

CASE STUDY

Supporting a Client’s Hybrid Approach to IFR Reporting

One of our clients, an investment firm, wanted to prepare part of their IFR returns internally while ensuring accuracy and compliance. Their primary concern was having confidence in the validity of the returns before submission to their competent authority.

To meet their needs, AddCompliance developed customised calculation tools and return templates that allowed the client to manage the preparation process in-house each quarter. Once their team completed the preparation, our experts reviewed the populated returns to validate the data, identify any discrepancies, and ensure everything was aligned with regulatory requirements. We then converted the returns into the required XBRL format for final submission.

OUTCOME

Confidence and Ownership in Reporting

The result has been a highly effective collaboration. The client appreciates the balance this approach provides—offering them control over their reporting process while benefiting from our expertise to ensure their returns are accurate and compliant. This method has given them peace of mind that their regulatory obligations are being met while maintaining ownership of the process.

Our Process

We provide a fully managed solution. We work with raw data from clients and/or their administrators, transform that data in compliant reports and file on behalf of clients to the global regulators. As an extension of your team we can take on all or part of this process to meet your requirements.

Your Partner in MiFID Reporting Compliance

AddCompliance is committed to helping investment firms simplify their reporting obligations under IFD/IFR and IFPR. Our services are designed to fit your unique requirements, whether you need comprehensive support or a tailored hybrid solution. With our expertise, you’ll gain:

  • Accurate Calculations: We handle complex requirements, including K-factor calculations, to ensure compliance.
  • Flexible Collaboration: We can provide tools and templates for in-house preparation, with expert reviews to validate your work.
  • Seamless Submission: We convert your returns into digital formats such as XBRL, ensuring they meet regulatory standards.

With AddCompliance, your reporting process is in safe hands. Whether you want a partner to handle the entire process or to provide the reassurance of a final review, we deliver efficient, precise, and regulator-ready solutions tailored to your needs.