Pillar 3 Disclosure

Pillar 3 Regulatory Disclosure

Subsequent to the introduction of the Capital Requirements Directive ("CRD") which represents the European Union’s application of the Basel Capital Accord, Tenax Capital Limited is required to make a Pillar 3 disclosure as described in the rules of the Financial Conduct Authority (BIPRU 11.3.3R). The Pillar 3 disclosure also covers the Firm’s remuneration arrangements in accordance with the FCA’s Remuneration Code.

Frequency & Location

Tenax Capital Limited will be making Pillar 3 disclosures at least annually and this will be available in the Firm’s audited accounts.

Verification

The information contained in the Pillar 3 regulatory disclosure document has not been audited by the firms independent appointed auditors and does not constitute any form of financial statement.