Pillar 3 Regulatory Disclosure

 

Following 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 (MIFIDPRU 8). 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 make 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 firm’s independent appointed auditors and does not constitute any form of financial statement.