{
  "node_id": "eu-investment-firm-regulation-2019-2033",
  "title": "EU Investment Firm Regulation (IFR) 2019/2033 - K-Factor Capital Requirements",
  "domain": "Banking & Global Finance",
  "version": "1.0.1",
  "last_updated": "2026-04-30",
  "bluf": "Regulation (EU) 2019/2033 establishes a bespoke prudential regime for EU investment firms, replacing CRR/CRD IV for most investment firms. It introduces three firm classes, K-factor capital requirements calibrated to risk-to-client, risk-to-market, and risk-to-firm, and a fixed overhead requirement equal to 25% of prior year fixed overheads. Class 1 systemic firms (≥€15B assets) remain under CRR/CRD IV.",
  "paywall": {
    "status": "LOCKED",
    "unlock_cost_usd": "0.01",
    "skyfire_id": "41779894-ece2-4163-9761-b3b1b76e19b0"
  },
  "crosswalks": {
    "_available_keys": [
      "iso_standard",
      "eu_regulation",
      "us_equivalent",
      "uk_equivalent",
      "global_framework"
    ],
    "_note": "Full crosswalk values included in vault response"
  },
  "dependencies": [
    "eu-capital-requirements-directive-iv-2013-36-crd4",
    "mifid-ii",
    "eu-aifmd-directive-2011-61",
    "eu-ucits-directive-2009-65"
  ],
  "primary_citations_count": 6
}