Threadneedle Pillar 3 Disclosure
This document sets out the Pillar 3 market disclosures for Threadneedle Asset Management Holdings an authorised and regulated limited license firm in the UK. Threadneedle Asset Management are owned by Ameriprise, a well financed, capitalised and stable parent company.
In 2007 and 2008, the Financial Services Authority's new General Prudential Sourcebook ("GENPRU") and Prudential Sourcebook for Banks, Building Societies and Investment Firms ("BIPRU") rules came into effect, implementing the Capital Requirements Directive, which is the common framework for implementing Basel II in the European Union. These rules are built on three pillars:
Pillar 1: Minimum capital requirements
Pillar 2: Guidance for the setting of bespoke capital requirements by the firm's Board executive through the Internal Capital Adequacy Assessment Process ("ICAAP") and subsequent Supervisory Review and Evaluation Process ("SREP").
Pillar 3: Rules for the disclosure of risk and capital management, including capital adequacy.
The purpose of Pillar 3 is to encourage market discipline by developing a set of disclosure requirements which will allow market participants to assess key pieces of information on a firm's capital, risk exposures and risk assessment process. The disclosures are to be made public for the benefit of the market.
"threadneedle" is registered trade mark
and service mark of Threadneedle Asset Management Holdings Limited
and no permission or licence is granted to use any such trade mark
or service mark without the prior written consent of Threadneedle
Asset Management Holdings Limited. All other marks names and logos
used on this Website (unless otherwise stated) are the intellectual
property rights held by companies within the Threadneedle group of
companies. In relation to any information or materials which you
submit to Threadneedle using this Website, you hereby grant to
Threadneedle a worldwide royalty-free perpetual licence of the
copyright and all other intellectual property rights in such
information or materials for any purpose it deems including,
without limitation, the copying, transmission, distribution and
publication thereof, unless restricted by applicable law.