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.