Regulatory Disclosures

Regulatory Disclosures

Castlefield Investment Partners LLP

Disclosure and Policy

The Investment Firms Prudential Regime (IFPR) came into effect on the 1 January 2022 as a new regime for UK firms authorised under the Markets in Financial Instruments Directive (MiFID). The IFPR was implemented by the FCA as prudential regulation within the MIFIDPRU section of the FCA Handbook.

These disclosures relate to Castlefield Investment Partners LLP (CIP), categorised as MIFIDPRU Investment firm, authorised and regulated by the FCA.

As an SNI MIFIDPRU firm under the Investment Firms Prudential Regime (IFPR), CIP is required to disclose the following remuneration information regarding its remuneration policy and practices under MIFIDPRU 8:

This statement sets out our policy with regards to the remuneration packages and incentive schemes within our firm. It is designed to be proportionate based on the size of our firm and the scope of our regulated activities. The policy reflects the culture of our firm and our ability to deliver good client outcomes to our clients.

ur remuneration packages and incentive schemes for all employees (including Partners of the LLP) are designed to;

• Promote sound and effective risk management
• Ensure conflicts of interest are avoided
• Encourage responsible business conduct
• Promote risk awareness and prudent risk taking
• Be consistent with our firm’s culture and values
• Provide good outcomes for consumers

The Firm steers clear of large elements of variable remuneration, whilst paying what is believed to be fair fixed remuneration. Equity ownership amongst all colleagues is encouraged. There is no direct link between any one person’s remuneration and products sold or promoted to clients and/or potential clients. We have stressed a team approach to clients within CIP LLP.

For the purpose of this policy, ‘remuneration’ means any form of remuneration, including salaries, pension benefits and benefits of any kind. Remuneration can include for example: shares and/or pension contributions. We review our remuneration structure on an annual basis.

The performance period for this disclosure runs for the period 01 September 2022 to 31 August 2023. Disclosures will be made annually via our web site (www.castlefield.com).

Quantitative Disclosures

As an SNI MIFIDPRU investment firm, we are required to disclose the total remuneration of all our employees split between fixed and variable remuneration for our performance year end which is also our financial year end.

For our year ending 31 August 2023 our total remuneration is split as follows: