Full text of MUFG Securities EMEA plc's X-17A-5/A filed 2025-04-28 (period 2024-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------ # **Annual report and financial statement!; 31 December 2024** COMPANY NUMBER: 1698498   {1}------------------------------------------------ # Table of Contents | Strategic Report<br>. | | |----------------------------------------------------------------------------|--| | Directors' Report . | | | Business and Risk Management Policies | | | Independent auditor's report to the members of MUFG Securities EMEA pie . | | | Company statement of comprehensive income<br>. | | | Company statement of financial position . | | | Company statement of changes in equity<br>. | | | Notes on Financial Statements<br>. | |  {2}------------------------------------------------ # **Strategic Report** The Strategic Report is prepared in accordance with The Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2014. ## **Principal activities** MUFG Securities EMEA pie ('MUS(EMEA)' or 'the Company') is the international capital markets subsidiary of Mitsubishi UFJ Securities Holdings Co., Ltd. ('MUSHD'). MUSHD's parent, and MUS(EMEA)'s ultimate holding company, is Mitsubishi UFJ Financial Group, Inc. ('MUFG'). MUS(EMEA) actively trades in fixed income, equity and structured finance products, providing client solutions across primary and secondary markets. The client group includes financial institutions, corporations, supranationals and central banks. The Company primarily supports this client group from its base in London, as well as a wholly owned subsidiary, MUFG Securities (Europe) N.V. ('MUS(EU)'), based in the Netherlands and a Paris branch of that entity. The Company additionally operates a branch in the Dubai International Financial Centre. The principal activities of the Company remain largely consistent with those disclosed in the previous year financial statements. #### **Results** The results for the year are set out on page 40 and the profit for the year, after tax, amounted to £30.3 million (2023: £56.0 million). The financial statements of the Company are prepared in accordance with United Kingdom adopted international accounting standards and International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB). #### **Business review and future development** The Company reported operating income of £402.4 million (2023: £396.4 million). The 2024 full year results reflec…Read the full text as markdown