Yamaha B20 Upright Piano; Polished Ebony
Yamaha B20 Upright Piano; Polished Ebony
OFFER! Free delivery + up to £250 off accessories and tuning
Learn More
OFFER! Free delivery + up to £250 off accessories and tuning
OFFER! Free delivery + up to £250 off accessories and tuning
Learn More
OFFER! Free delivery + up to £250 off accessories and tuning
Yamaha B20 Upright Piano; Polished Ebony
Yamaha B20 Upright Piano; Polished Ebony
SKU:Product Code: PB20PE
1 in stock
Try This Product In Store:
Enter your postcode to find your nearest Bonners showroom.
Experience this instrument in-store
Order online with confidence, or visit one of our showrooms to try this model for yourself.
You’ll often be able to compare it alongside similar instruments, helping you make an informed choice.
Other Stores:
Surrey:
Bonners Piano & Keyboard Centre, 46B Albert Road North Reigate Surrey RH2 9EL
- NEAREST TO YOU
- ON DISPLAY
- NOT ON DISPLAY
This model is not currently on display in Surrey, but we may be able to arrange a transfer:
Milton Keynes:
Bonners Piano & Keyboard Centre, 1 Ward Road Bletchley Milton Keynes MK1 1JA
- NEAREST TO YOU
- ON DISPLAY
- NOT ON DISPLAY
This model is not currently on display in Milton Keynes, but we may be able to arrange a transfer:
Newcastle:
Bonners Piano Centre, Unit 3A Airport Industrial Estate, Kingston Park, Newcastle-Upon-Tyne, NE3 2EF
- NEAREST TO YOU
- ON DISPLAY
- NOT ON DISPLAY
This model is not currently on display in Newcastle, but we may be able to arrange a transfer:
Sussex:
Bonners Piano & Keyboard Centre, 9 Faraday Close Eastbourne East Sussex BN22 9BH
- NEAREST TO YOU
- ON DISPLAY
- NOT ON DISPLAY
This model is not currently on display in Sussex, but we may be able to arrange a transfer:
Eastbourne Guitar Store:
Bonners Guitar Store, 9 Faraday Close Eastbourne East Sussex BN22 9BH
- NEAREST TO YOU
- ON DISPLAY
- NOT ON DISPLAY
This model is not currently on display in Eastbourne Guitar Store, but we may be able to arrange a transfer:
Price Match
Part Exchange*
Yamaha B20 Upright Piano; Polished Ebony
Yamaha B20 Upright Piano; Polished Ebony
£5,478
Yamaha B20 Upright Piano; Polished Ebony
A Yamaha Upright Piano with More Warmth, Depth and Long-Term Potential
The Yamaha B20 Upright Piano sits in a really appealing middle ground within Yamaha’s redesigned B Series range.
It’s still compact enough to work comfortably in most homes, but offers noticeably more depth, warmth, and musical character than smaller entry-level uprights. For many players, the B20 feels like the point where the B Series starts to become a more serious long-term instrument rather than simply a “first piano”.
At Bonners Piano Centres, we often recommend the B20 to families and progressing pianists who want a piano they can genuinely grow into over many years of playing.
A More Refined Sound Than Smaller Uprights
One of the first things most players notice on the B20 is the extra richness and fullness in the tone compared to more compact models.
That comes from several important design upgrades, including:
- a taller 116cm cabinet
- longer bass strings
- a larger soundboard area
- upgraded underfelt hammers
Together, these changes allow the B20 to produce a broader, warmer sound with greater sustain and a more expressive dynamic range.
For classical music in particular, the extra tonal depth is immediately noticeable.
New Hammer Design Inspired by Yamaha’s CFX Concert Grand
Yamaha has redesigned the hammer construction across the new B Series using technology influenced by its flagship Yamaha CFX Concert Grand Piano.
The B20 also benefits from underfelt hammers, which add an additional layer of felt beneath the hammer surface. In real-world playing, this helps create:
- a warmer tone
- smoother tonal transitions
- greater control at softer dynamics
- more tonal colour across the keyboard
Rather than sounding bright or overly sharp, the B20 has a more rounded and mature character that many players prefer as they progress.
Improved Cabinet Design and Structural Stability
The cabinet itself has also been redesigned to feel more acoustically solid and structurally stable.
Yamaha has strengthened the internal framework and introduced a five-back-post design, helping the piano maintain:
- tuning stability
- tonal consistency
- stronger resonance transfer
Back posts are a crucial part of an upright piano’s structure because they support the enormous tension created by the strings. The improved reinforcement in the B20 helps the piano feel more stable and controlled, even during more powerful playing.
Solid Spruce Core Soundboard
At the heart of the B20 is a solid spruce core soundboard designed to improve resonance and tonal projection.
Spruce is highly valued in piano building because it responds efficiently to vibration, helping create a more open and resonant sound.
Compared to previous entry-level Yamaha uprights, the redesigned soundboard construction gives the B20:
- greater tonal warmth
- improved sustain
- better projection into the room
- enhanced long-term durability
Yamaha has also improved resistance to changes in temperature and humidity, helping maintain more consistent performance in home environments.
Designed for Modern Homes
Although the B20 delivers a more substantial sound, it still works beautifully in most domestic spaces.
Practical upgrades include:
- a wider music desk for books and tablets
- soft-close fallboard
- refined cabinet styling
- improved castor design
These details may seem small, but they make the piano feel noticeably more premium in day-to-day use.
SC3 SILENT and TC3 TransAcoustic Options Available
Yamaha's B Series upright pianos are also available with Yamaha’s advanced SC3 SILENT or TC3 TransAcoustic systems, giving you the flexibility to enjoy a traditional acoustic piano alongside modern digital features.
Our Honest View at Bonners
The B20 is probably the “sweet spot” in the new Yamaha B Series for many customers.
It offers a clear musical step up from smaller entry-level uprights, but without moving into the significantly larger size and cost of higher professional models.
For players who know they’re likely to stay committed to piano long-term, the B20 makes a huge amount of sense.
Frequently Asked Questions
Is the Yamaha B20 suitable for beginners?
Yes - although the B20 is more musically capable than many beginner uprights, it’s still very approachable for new players. Many families choose it as a longer-term investment piano.
What’s the difference between the Yamaha B10 and B20?
The B20 has a taller cabinet, longer strings, larger soundboard, and upgraded underfelt hammers. This gives it a fuller tone, stronger bass response, and greater dynamic range.
Does the Yamaha B20 have a warmer sound than the B10?
Yes. The upgraded hammer design and larger cabinet give the B20 a noticeably richer and warmer character, especially in the middle and lower registers.
Is the Yamaha B20 good for intermediate and advanced grades?
Absolutely. The B20 is capable of supporting progressing students well beyond beginner level and offers enough tonal control for more advanced repertoire.
Can I try the Yamaha B20 in store?
Yes. You can experience the Yamaha B Series at Bonners Piano Centres showrooms, where our piano specialists can help you compare the differences between models. We’d always recommend giving us a call first so we can advise which showroom is best to visit to see specific models.
Yamaha B20 Specifications
- Height: 116 cm
- Width: 149 cm
- Depth: 54 cm
- Keys: 88
- Pedals: 3
- Finish options available
- Upright acoustic piano design
Delivery Information
At Bonners, we offer a range of flexible delivery and collection options designed to suit both the type of instrument you purchase and your location within the UK mainland.
We aim to dispatch most in-stock standard-sized items within 1 working day of receiving payment. Larger instruments and specialist deliveries may require additional scheduling time, and our team will contact you directly to arrange them.
Please note that we currently deliver to UK mainland addresses only.
Pre-Orders & Out of Stock Items
If you order a product that is temporarily out of stock, we will contact you as soon as possible to confirm the expected lead time.
If you would like to check availability before placing your order, our sales team will be happy to help. For many popular or newly released products, we can also take a small deposit to reserve your place in the queue ahead of new stock arriving.
Standard Parcel Deliveries
Smaller products and standard-sized packages are shipped using trusted third-party courier services, including FedEx and DX Express.
Most in-stock items are dispatched within 1 working day.
Delivery Charges
Product Value
- Over £250 FREE Delivery
- £28 - £249.99 £12 Delivery Charge
- Under £28 £9.99 Delivery Charge
Guitar Strings Delivery
- Royal Mail Delivery £4.99
- Tracked Courier Delivery£7.99
All deliveries require somebody to be available to receive and sign for the goods, particularly for high-value items.
If delivery cannot be completed, the courier will normally make up to two delivery attempts before returning the goods to our warehouse. Re-delivery charges may apply where necessary.
Some remote postcode areas, including the Scottish Highlands, offshore islands, West Wales and certain rural areas, may incur additional delivery charges and slightly longer delivery times.
Order Tracking
Once your order has been dispatched, you will receive a confirmation email containing your tracking number and courier details.
You can track your shipment directly with the courier once it has been dispatched.
Digital Piano Deliveries
As a specialist piano retailer, we offer two levels of delivery service for digital pianos and larger boxed instruments.
Because many digital pianos weigh between 60kg and 120kg, these deliveries are handled differently from standard parcels.
Economy Delivery
Our Economy Delivery service provides fast mainland UK delivery of your piano in its original flat-packed carton.
- Delivery is typically made between 8am and 6pm
- The piano will be delivered to your doorstep or ground floor entrance
- Assembly is not included
- You will need assistance available to help move the instrument into your property
Delivery Charges - New Digital Pianos
Delivery charges for new boxed digital pianos range from FREE to £49, depending on postcode area.
Some lower-value products supplied in particularly large cartons may carry a delivery charge of £25, which will be clearly shown at checkout.
Agency-Supplied Digital Pianos
Certain digital pianos are supplied directly by the manufacturer on an agency basis. Delivery charges for these products range from FREE to £175, depending on product type and delivery location.
Premium Delivery & Assembly Service
Our Premium Delivery & Assembly Service includes professional in-home setup by our experienced piano delivery team.
This service includes:
- Delivery into your home
- Full assembly of the piano and stand*
- Set up of a matching stool (where applicable)
- Positioning of the instrument
- Removal and recycling of packaging
We will contact you directly to arrange a convenient delivery date and estimated arrival window.
*Ground floor only - contact us for upstairs delivery quotes.
Assembly Charges
Professional in-home assembly charges range from FREE to £250, depending on postcode area and the make and model of the instrument.
Available services and pricing will be displayed automatically at checkout once your postcode has been entered.
Acoustic Piano Deliveries
Acoustic pianos require specialist handling and are delivered by experienced piano moving teams.
We can accommodate a wide range of delivery situations including:
- Ground floor deliveries
- Stair access
- Difficult access installations
- Crane and specialist lifting access where required
Standard Delivery Charges
Standard ground floor delivery to most UK mainland postcodes is FREE.
Additional charges may apply for:
- Scottish Highlands
- Offshore and island locations
- West Wales
- Difficult access properties
- Stair carries or specialist access requirements
Any applicable delivery charges will be confirmed in advance.
Piano Delivery Questionnaire
Prior to delivery, we will ask you to complete a short Piano Delivery Questionnaire. This allows us to assess access arrangements and ensure the safe delivery and positioning of your instrument.
This helps protect both your property and your piano whilst ensuring our delivery team arrives fully prepared.
Removal & Disposal of Existing Acoustic Pianos
If you have an existing acoustic piano that you no longer require, we can often arrange professional removal and disposal.
Disposal Service
Professional piano disposal services start from £99, depending on location and access conditions.
Part Exchange
If you are upgrading your piano, we may also be able to offer a part exchange allowance against your new instrument.
Please contact our sales team with details and photographs of your existing piano for an accurate quotation.
Warehouse Collection
We offer FREE collection from our warehouse locations in:
- Eastbourne
- Reigate
- Milton Keynes
- Newcastle
Collections must be arranged in advance with our sales team.
Please note:
- Warehouse collections require pre-booking
- A deposit may be required
- Online delivery orders cannot normally be converted to collection orders after purchase for security and logistical reasons
Need Help?
If you would like advice regarding delivery options, access requirements, assembly services or lead times, our experienced team will be happy to help.
Whether you're buying your first electric guitar, upgrading to a new keyboard, or investing in a beautiful piano the whole family can enjoy, Bonners are the musical finance specialists. We offer some of the most competitive finance deals in the UK on pianos, keyboards, guitars, and other musical instruments.
With both 0% APR interest free and longer-term interest-bearing options available, we're confident you'll find a plan that suits your budget - helping you bring home the instrument of your dreams sooner than you imagined.
*Some products are excluded from 0% APRFinance Offers. The available finance options will be shown at checkout.
Spread the Cost with Monthly Payments
At Bonners, we understand that investing in a quality musical instrument is a big decision. That’s why we’re offering a simple and flexible way to spread the cost, with 0% APR finance available on most purchases between £625 and £18,750. We also have some longer period (up to 36 months) Classic Credit 14.9% APR REPRESENTATIVE finance options with lower monthly payments. Our finance offers are designed to make high-quality instruments more accessible to musicians of all levels, from enthusiastic beginners to seasoned professionals. Whether you’re upgrading to a new stage piano, investing in your dream guitar, or kitting out your studio, the Bonners Music finance plans offer complete peace of mind.
Learn More About Finance Options >
The Lender
Bonners Limited is authorised and regulated by the Financial Conduct Authority and is the broker and not the
lender. Our firm reference number is 718966. Bonners Limited offers credit products from Secure Trust Bank PLC
trading as V12 Retail Finance. *Credit is provided subject to affordability, age and status. Minimum spend applies.
Not all products offered by Secure Trust Bank PLC are regulated by the Financial Conduct Authority.
Secure Trust Bank is registered in England and Wales 541132. Registered office: One Arleston Way, Solihull, B90 4LH. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registration number: 204550.
Yamaha B20 Upright Piano; Polished Ebony
A Yamaha Upright Piano with More Warmth, Depth and Long-Term Potential
The Yamaha B20 Upright Piano sits in a really appealing middle ground within Yamaha’s redesigned B Series range.
It’s still compact enough to work comfortably in most homes, but offers noticeably more depth, warmth, and musical character than smaller entry-level uprights. For many players, the B20 feels like the point where the B Series starts to become a more serious long-term instrument rather than simply a “first piano”.
At Bonners Piano Centres, we often recommend the B20 to families and progressing pianists who want a piano they can genuinely grow into over many years of playing.
A More Refined Sound Than Smaller Uprights
One of the first things most players notice on the B20 is the extra richness and fullness in the tone compared to more compact models.
That comes from several important design upgrades, including:
- a taller 116cm cabinet
- longer bass strings
- a larger soundboard area
- upgraded underfelt hammers
Together, these changes allow the B20 to produce a broader, warmer sound with greater sustain and a more expressive dynamic range.
For classical music in particular, the extra tonal depth is immediately noticeable.
New Hammer Design Inspired by Yamaha’s CFX Concert Grand
Yamaha has redesigned the hammer construction across the new B Series using technology influenced by its flagship Yamaha CFX Concert Grand Piano.
The B20 also benefits from underfelt hammers, which add an additional layer of felt beneath the hammer surface. In real-world playing, this helps create:
- a warmer tone
- smoother tonal transitions
- greater control at softer dynamics
- more tonal colour across the keyboard
Rather than sounding bright or overly sharp, the B20 has a more rounded and mature character that many players prefer as they progress.
Improved Cabinet Design and Structural Stability
The cabinet itself has also been redesigned to feel more acoustically solid and structurally stable.
Yamaha has strengthened the internal framework and introduced a five-back-post design, helping the piano maintain:
- tuning stability
- tonal consistency
- stronger resonance transfer
Back posts are a crucial part of an upright piano’s structure because they support the enormous tension created by the strings. The improved reinforcement in the B20 helps the piano feel more stable and controlled, even during more powerful playing.
Solid Spruce Core Soundboard
At the heart of the B20 is a solid spruce core soundboard designed to improve resonance and tonal projection.
Spruce is highly valued in piano building because it responds efficiently to vibration, helping create a more open and resonant sound.
Compared to previous entry-level Yamaha uprights, the redesigned soundboard construction gives the B20:
- greater tonal warmth
- improved sustain
- better projection into the room
- enhanced long-term durability
Yamaha has also improved resistance to changes in temperature and humidity, helping maintain more consistent performance in home environments.
Designed for Modern Homes
Although the B20 delivers a more substantial sound, it still works beautifully in most domestic spaces.
Practical upgrades include:
- a wider music desk for books and tablets
- soft-close fallboard
- refined cabinet styling
- improved castor design
These details may seem small, but they make the piano feel noticeably more premium in day-to-day use.
SC3 SILENT and TC3 TransAcoustic Options Available
Yamaha's B Series upright pianos are also available with Yamaha’s advanced SC3 SILENT or TC3 TransAcoustic systems, giving you the flexibility to enjoy a traditional acoustic piano alongside modern digital features.
Our Honest View at Bonners
The B20 is probably the “sweet spot” in the new Yamaha B Series for many customers.
It offers a clear musical step up from smaller entry-level uprights, but without moving into the significantly larger size and cost of higher professional models.
For players who know they’re likely to stay committed to piano long-term, the B20 makes a huge amount of sense.
Frequently Asked Questions
Is the Yamaha B20 suitable for beginners?
Yes - although the B20 is more musically capable than many beginner uprights, it’s still very approachable for new players. Many families choose it as a longer-term investment piano.
What’s the difference between the Yamaha B10 and B20?
The B20 has a taller cabinet, longer strings, larger soundboard, and upgraded underfelt hammers. This gives it a fuller tone, stronger bass response, and greater dynamic range.
Does the Yamaha B20 have a warmer sound than the B10?
Yes. The upgraded hammer design and larger cabinet give the B20 a noticeably richer and warmer character, especially in the middle and lower registers.
Is the Yamaha B20 good for intermediate and advanced grades?
Absolutely. The B20 is capable of supporting progressing students well beyond beginner level and offers enough tonal control for more advanced repertoire.
Can I try the Yamaha B20 in store?
Yes. You can experience the Yamaha B Series at Bonners Piano Centres showrooms, where our piano specialists can help you compare the differences between models. We’d always recommend giving us a call first so we can advise which showroom is best to visit to see specific models.
Yamaha B20 Specifications
- Height: 116 cm
- Width: 149 cm
- Depth: 54 cm
- Keys: 88
- Pedals: 3
- Finish options available
- Upright acoustic piano design
Delivery Information
At Bonners, we offer a range of flexible delivery and collection options designed to suit both the type of instrument you purchase and your location within the UK mainland.
We aim to dispatch most in-stock standard-sized items within 1 working day of receiving payment. Larger instruments and specialist deliveries may require additional scheduling time, and our team will contact you directly to arrange them.
Please note that we currently deliver to UK mainland addresses only.
Pre-Orders & Out of Stock Items
If you order a product that is temporarily out of stock, we will contact you as soon as possible to confirm the expected lead time.
If you would like to check availability before placing your order, our sales team will be happy to help. For many popular or newly released products, we can also take a small deposit to reserve your place in the queue ahead of new stock arriving.
Standard Parcel Deliveries
Smaller products and standard-sized packages are shipped using trusted third-party courier services, including FedEx and DX Express.
Most in-stock items are dispatched within 1 working day.
Delivery Charges
Product Value
- Over £250 FREE Delivery
- £28 - £249.99 £12 Delivery Charge
- Under £28 £9.99 Delivery Charge
Guitar Strings Delivery
- Royal Mail Delivery £4.99
- Tracked Courier Delivery£7.99
All deliveries require somebody to be available to receive and sign for the goods, particularly for high-value items.
If delivery cannot be completed, the courier will normally make up to two delivery attempts before returning the goods to our warehouse. Re-delivery charges may apply where necessary.
Some remote postcode areas, including the Scottish Highlands, offshore islands, West Wales and certain rural areas, may incur additional delivery charges and slightly longer delivery times.
Order Tracking
Once your order has been dispatched, you will receive a confirmation email containing your tracking number and courier details.
You can track your shipment directly with the courier once it has been dispatched.
Digital Piano Deliveries
As a specialist piano retailer, we offer two levels of delivery service for digital pianos and larger boxed instruments.
Because many digital pianos weigh between 60kg and 120kg, these deliveries are handled differently from standard parcels.
Economy Delivery
Our Economy Delivery service provides fast mainland UK delivery of your piano in its original flat-packed carton.
- Delivery is typically made between 8am and 6pm
- The piano will be delivered to your doorstep or ground floor entrance
- Assembly is not included
- You will need assistance available to help move the instrument into your property
Delivery Charges - New Digital Pianos
Delivery charges for new boxed digital pianos range from FREE to £49, depending on postcode area.
Some lower-value products supplied in particularly large cartons may carry a delivery charge of £25, which will be clearly shown at checkout.
Agency-Supplied Digital Pianos
Certain digital pianos are supplied directly by the manufacturer on an agency basis. Delivery charges for these products range from FREE to £175, depending on product type and delivery location.
Premium Delivery & Assembly Service
Our Premium Delivery & Assembly Service includes professional in-home setup by our experienced piano delivery team.
This service includes:
- Delivery into your home
- Full assembly of the piano and stand*
- Set up of a matching stool (where applicable)
- Positioning of the instrument
- Removal and recycling of packaging
We will contact you directly to arrange a convenient delivery date and estimated arrival window.
*Ground floor only - contact us for upstairs delivery quotes.
Assembly Charges
Professional in-home assembly charges range from FREE to £250, depending on postcode area and the make and model of the instrument.
Available services and pricing will be displayed automatically at checkout once your postcode has been entered.
Acoustic Piano Deliveries
Acoustic pianos require specialist handling and are delivered by experienced piano moving teams.
We can accommodate a wide range of delivery situations including:
- Ground floor deliveries
- Stair access
- Difficult access installations
- Crane and specialist lifting access where required
Standard Delivery Charges
Standard ground floor delivery to most UK mainland postcodes is FREE.
Additional charges may apply for:
- Scottish Highlands
- Offshore and island locations
- West Wales
- Difficult access properties
- Stair carries or specialist access requirements
Any applicable delivery charges will be confirmed in advance.
Piano Delivery Questionnaire
Prior to delivery, we will ask you to complete a short Piano Delivery Questionnaire. This allows us to assess access arrangements and ensure the safe delivery and positioning of your instrument.
This helps protect both your property and your piano whilst ensuring our delivery team arrives fully prepared.
Removal & Disposal of Existing Acoustic Pianos
If you have an existing acoustic piano that you no longer require, we can often arrange professional removal and disposal.
Disposal Service
Professional piano disposal services start from £99, depending on location and access conditions.
Part Exchange
If you are upgrading your piano, we may also be able to offer a part exchange allowance against your new instrument.
Please contact our sales team with details and photographs of your existing piano for an accurate quotation.
Warehouse Collection
We offer FREE collection from our warehouse locations in:
- Eastbourne
- Reigate
- Milton Keynes
- Newcastle
Collections must be arranged in advance with our sales team.
Please note:
- Warehouse collections require pre-booking
- A deposit may be required
- Online delivery orders cannot normally be converted to collection orders after purchase for security and logistical reasons
Need Help?
If you would like advice regarding delivery options, access requirements, assembly services or lead times, our experienced team will be happy to help.
Whether you're buying your first electric guitar, upgrading to a new keyboard, or investing in a beautiful piano the whole family can enjoy, Bonners are the musical finance specialists. We offer some of the most competitive finance deals in the UK on pianos, keyboards, guitars, and other musical instruments.
With both 0% APR interest free and longer-term interest-bearing options available, we're confident you'll find a plan that suits your budget - helping you bring home the instrument of your dreams sooner than you imagined.
*Some products are excluded from 0% APRFinance Offers. The available finance options will be shown at checkout.
Spread the Cost with Monthly Payments
At Bonners, we understand that investing in a quality musical instrument is a big decision. That’s why we’re offering a simple and flexible way to spread the cost, with 0% APR finance available on most purchases between £625 and £18,750. We also have some longer period (up to 36 months) Classic Credit 14.9% APR REPRESENTATIVE finance options with lower monthly payments. Our finance offers are designed to make high-quality instruments more accessible to musicians of all levels, from enthusiastic beginners to seasoned professionals. Whether you’re upgrading to a new stage piano, investing in your dream guitar, or kitting out your studio, the Bonners Music finance plans offer complete peace of mind.
Learn More About Finance Options >
The Lender
Bonners Limited is authorised and regulated by the Financial Conduct Authority and is the broker and not the
lender. Our firm reference number is 718966. Bonners Limited offers credit products from Secure Trust Bank PLC
trading as V12 Retail Finance. *Credit is provided subject to affordability, age and status. Minimum spend applies.
Not all products offered by Secure Trust Bank PLC are regulated by the Financial Conduct Authority.
Secure Trust Bank is registered in England and Wales 541132. Registered office: One Arleston Way, Solihull, B90 4LH. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registration number: 204550.