The governance of Evli is based on the Articles of Association, the Finnish Limited Liability Companies Act, applicable statutory provisions governing the Finnish securities markets, the Market Abuse Regulation (MAR), the regulations of the Finnish Financial Supervisory Authority, the rules and regulations of Nasdaq Helsinki Ltd, and other statutes and regulations concerning the governance of public limited companies.
Evli also complies with the Finnish Corporate Governance Code issued by the Securities Market Association. The Code can be viewed in full on the Securities Market Association’s website at cgfinland.fi/en
Evli’s management and business operations are the responsibility of the General Meeting, the Board of Directors and the CEO, whose tasks are determined in the Finnish Limited Liability Companies Act and in Evli’s Articles of Association. Evli Group’s Executive Group assists the CEO in the operative management of the company. The Executive Group consists of managers of the business areas and group functions, and it helps the CEO in the approval and execution of Group-level operating principles and procedures.
Evli’s Board of Directors is primarily responsible for Evli Group’s risk management. The Board of Directors confirms the principles and responsibilities of risk management, the risk limits of the Group and other general guidelines according to which the risk management and internal audit are organised.
The suitability and competence of Evli Plc’s Board of Directors, CEO, Deputy CEO and other persons belonging to the company’s management is assessed in accordance with the relevant regulations, both before their appointment and regularly thereafter. The procedure, involving assurances given on suitability and trustworthiness as well as certain investigations undertaken by the company, is designed to ensure that the members of the Group’s most senior decision-making bodies constantly meet the highest demands set for independent management and also for the impeccable management of personal financial affairs.
Updated: February 20, 2023