FxPro UK Limited │Pillar 3 and SYSC Disclosures Page 3 of 12
1 OVERVIEW
1.1 Introduction
1.1.1 The Pillar 3 disclosure is a requirement of the European Union’s Capital Requirements Directive
CRD, as implemented in the UK by the Financial Conduct Authority FCA and aims to encourage market discipline by developing a set of disclosure requirements which will allow market participants to access
key information on the Company’s capital adequacy, risk assessment and control processes. The required regulatory disclosures are set out in the Articles 431-455 of the Capital Requirements Regulation “CRR”.
1.1.2 This document contains the disclosures required under these rules unless it is not applicable to
FxPro UK Limited or it is considered as being proprietary or confidential information. 1.1.3 The Pillar 3 disclosures are in addition to minimum capital requirements Pillar 1 and supervisory
review Pillar 2, also under the CRD. 1.1.4 The three ‘Pillars’ which constitute the Capital Requirements Directive are:
• Pillar 1 which establishes the minimum capital requirements in respect of credit, market and operational risk exposures;
• Pillar 2 which requires the assessment of whether the Company’s Pillar 1 Capital is adequate to meet risk exposures and the calculation of the amount of capital that should be held against those
exposures and forms the basis of the Internal Capital Adequacy Assessment Process “ICAAP” required by the Financial Conduct Authority; and
• Pillar 3 which requires the public disclosure of specific information about the underlying risk management controls and capital position
1.2 Frequency of Disclosure
1.2.1 FxPro UK Limited the “Company” will make Pillar 3 disclosures on an annual basis, or more
frequently if there is a material change in the approaches or permissions used to calculate the regulatory capital as provided in Article 433 of the CRR. Disclosure will be made as soon as reasonably practicable
after completion of the annual financial statements.
1.3 Scope of Application
1.3.1 The disclosures made here relate to the business and activities of FxPro UK Limited. It should be noted that any disclosures described herein apply to the Company on an individual basis.
1.4 Location and Verification
