Danske Mortgage Bank Plc – ECBC Harmonised Transparency Template Q3/2018 >
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Puhelin: +358 (0)10 546 7895
Board of Directors
The composition and working practices of Danske Mortgage Bank Plc’s Board of Directors comply with the requirements laid down in Chapter 7, section 2, of the Act on Credit Institutions.
The members of Danske Mortgage Bank Plc’s Board of Directors are: Glenn Söderholm (chair), Robert Wagner, Kenneth Kaarnimo, Lisbet Kragelund, Tomi Dahlberg (external member) and Maisa Hyrkkänen (external member).
Danske Mortgage Bank Plc’s Board members and operating management comply with the integrity and competency requirements laid down in Chapter 7, section 4, of the Act on Credit Institutions.
Danske Mortgage Bank Plc complies with the requirements of Chapter 7, section 5 of the Act on Credit Institutions regarding the use of time by bank management.
Pekka Toivonen is the managing director of Danske Mortgage Bank Plc.
General meetingThe owners of the bank use their ownership right in the general meeting of the company.
Reporting violations (whistleblowing)
Danske Mortgage Bank Plc has procedures required in Chapter 7, section 6, of the Act on Credit Institutions, with which bank employees can use an independent channel within the bank to report suspected violations of rules and regulations concerning financial markets. The Board monitors and assesses the effectiveness of these procedures.
Information on exemption from margin requirements for intra-group OTC derivative transactions - Updated as per 8 May 2018
According to EMIR article 11 (11) and Commission Delegated Regulation (EU) No 149/2013 supplementing EMIR article 20, the counterparty to an intragroup transaction which has been exempted from the requirement to exchange of collateral (initial and variation margin) shall publicly disclose information on the exemption.
Danske Bank Group has obtained such exemptions from national competent authorities and disclose the following information:
|Counterparty||Counterparty LEI||Organisational relationship||Type of exemption||Notional aggregate amount, mill. EUR|
|Danske Bank A/S||MAES062z21o4RZ2U7M96||Parent company||Full exemption||200|
Danske Mortgage Bank Plc complies with the general requirements on remuneration systems laid down in Chapter 8, section 3, of the Act on Credit Institutions.
The Board of Danske Mortgage Bank Plc has approved the general principles of the remuneration systems applied in the bank and monitors and assesses their functioning and compliance with them.
Read more about Danske Mortgage Bank's remuneration policy here.
Risk-taking and the risk management systems of Danske Mortgage Bank Plc meet the requirements of Chapter 9 of the Act on Credit Institutions.
Danske Mortgage Bank Plc has a risk monitoring function, a compliance function and an internal audit function that are independent of the Bank’s business operations.
Press releases, company announcements and other news
Call our customer service on +358 200 2590 from Monday to Friday 9.00 - 4.00.
Danske Mortgage Bank Plc
FI-00075 DANSKE BANK
Business Identity Code: 2825892-7
VAT code: FI28258927
You can read our Privacy Statement here.
Our operations are supervised by the Finnish Financial Supervisory Authority.
The European Central Bank has granted Danske Mortgage Bank Plc an operating licence on September 29, 2017.