The scope of the remuneration policy of the fund management company is to ensure that remuneration policies and practices that are consistent with sound and effective risk management and neither encourage risk taking which is inconsistent with the risk profiles, rules or instruments of incorporation of the UCITSs that it manage nor impair compliance with its duty to act in the best interest of the UCITSs.
The remuneration policy of the fund management company is based on the Group’s remuneration policy of Danske Bank A/S. The remuneration policy for the Danske Bank Group is approved by the Annual General Meeting after prior consideration by the Remuneration Committee and upon the recommendation of the Board of Directors. The group policy is applicable to all entities within the Danske Bank Group with the appropriate adjustments related to the regulation applicable to fund management companies.
The remuneration policy applies to the Board of Directors, the Members of the Management, and all employees in the fund management company.
The remuneration policy of the fund management company is reviewed annually by the Board of Directors. The current remuneration policy was approved by the Board of Directors in February 2016.
Danske Bank Group's Remuneration Policy
