Full text of MUFG Securities EMEA plc's X-17A-5 filed 2025-04-25 (period 2024-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------ ### **Independent Accountant's Report** 24 April 2025 The Board of Directors MUFG Securities EMEA plc 25 Ropemaker Street London EC2Y 9LY To the Directors of MUFG Securities EMEA plc We have reviewed management's statements, included in the accompanying 'Exemption Required by SEC Rule 18a-7', including Appendix A (the "Exemption Report") in which MUFG Securities EMEA plc (the "Company") stated (1) that the Company claimed an exemption from 17 C.F.R. § 240.18a-4 under the provision of 17 C.F.R. § 240.18a-4(f), and (2) the Company met the conditions described within the Assertions column in Appendix A of the Exemption Report throughout the period from January 1, 2024 to December 31, 2024, except as described in its exemption report ("management's assertions"). The Company's management is responsible for its assertions. Our responsibility is to express a conclusion on management's assertions based on our review. Our review was conducted in accordance with attestation standards established by the AICPA. Those standards require that we plan and perform the review to obtain limited assurance about whether any material modifications should be made to management's assertions in order for them to be fairly stated. The procedures performed in a review vary in nature and timing from and are substantially less in extent than an examination, the objective of which is to obtain reasonable assurance about whether management's assertions are fairly stated, in all material respects, in order to express an opinion. Accordingly, we do not express such an opinion. Because of the limited nature of the engagement, the level of assurance obtained in a review is substantially lower than the assurance that would have been obtained had an examination been performed. We believe that the review evidence obtained is sufficient and appropriate to provide a reasonable basis for our conclusion. We are required to be independent and to meet our other ethical responsibilities in accordance with relevant ethical requirements related to the engagement. As a basis for our conclusion, we performed the following procedures: - 1) read the Exemption Report to determine the exemption provisions under which the Company asserts its exemption; - 2) performed inquiries and other review procedures; and - 3) evaluated whether the evidence indicates that there should be modifications to the Company's assertions based on the results of the procedures per…Read the full text as markdown