The Board has adopted a communication policy. The aim is to ensure that stock market participants have access to fast, simultaneous, correct, relevant and reliable information. The Bank's website includes all published information which the company has provided to the stock market for at least the last three years.
The shareholders appoint external auditors at the Annual General Meeting.
The 2024 Annual General Meeting resolved to re-elect PricewaterhouseCoopers AB and Deloitte AB as auditors for the period until the end of the Annual General Meeting to be held in 2025.
The two auditors in charge are authorised public accountants Magnus Svensson Henryson (PricewaterhouseCoopers AB) and Malin Lüning (Deloitte AB).
When procuring consulting services from the companies which are responsible for auditing the Bank, the policy for the use of external auditors states that a special review must be made.
Performance-related remuneration is paid neither to the board members nor to the executive officers of the Bank. Like all employees of the Bank, the executive officers and board members who are employees of the Bank are included in the Oktogonen profit-sharing system.
Remuneration to the Board is presented in the Corporate Governance Report.
Information on the Bank's remuneration system and remuneration policy is available in the Annual and sustainability report.
The operations of Swedish banks are regulated by law, and banking operations may only be run with a licence from the Swedish Financial Supervisory Authority. The regulations for banking operations are very extensive.
The most important statutes include the Companies Act, the Banking and Financing Business Act, the Securities Markets Act, the Regulation of the European Parliament and of the Council on prudential requirements for credit institutions and investment firms (EU) 575/2013, the Act on Measures Against Money Laundering and the Financing of Terrorism, and extensive legislation on securities and insurance operations.
The Swedish Financial Supervisory Authority's regulatory code includes regulations and general guidelines regarding governance, risk management and control of financial undertakings and regulations governing investment services and activities.
For a list of laws and regulations relating to banking operations, see Swedish Financial Supervisory Authority's website Opens in a new window. (Not all available in English)
Operations outside Sweden are subject both to the Swedish regulations and to the host country's regulations, if these are stricter or in other respects deviate from Swedish or international rules.
