IFPRU 5.1 Application and purposeApplicationIFPRU 5.1.1R01/01/2014RPIFPRU 5 applies to a full-scope IFPRU investment firm, unless it is an exempt IFPRU commodities firm.PurposeIFPRU 5.1.2G01/01/2014RPThis chapter contains guidance to help a firm understand the FCA's expectations on the extent to which the Advanced Measurement Approach (AMA) should capture its operational risks where the firm has, or is about to, implement AMA.