Hedge funds “need to get going” on IFPR overhaul as January deadline looms Submitted 29/09/2021 - 11:49am Hedge funds and other alternative asset managers have just three months left to prepare for the Investment Firms Prudential Regime, the far-reaching new regulatory framework which potentially heralds “complex and multi-faceted” compliance processes for firms. The Financial Conduct Authority’s new IFPR, set to take effect from January 2022, heralds sweeping changes to rules covering capital, liquidity, remuneration, reporting, and disclosures, among other things.