The Pillar 3 disclosure of Collins Sarri Statham Investment Limited is required by the Financial Conduct Authority (“FCA”)’s “Prudential Sourcebook for Banks, Building Societies and Investment Firms” (BIPRU) specifically BIPRU 11.3.3R.
This follows the introduction of the European Union’s Capital Requirements Directive (“CRD”) which represents the European Union’s application of the Basel Capital Accord. The regulatory aim of the disclosures is to improve market discipline.
The Pillar 3 disclosure also covers the Firm’s remuneration arrangements in accordance with the FCA’s Remuneration Code.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider (Saxo Bank). You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money.
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