Our Corporate Governance
Step into our corporate values with our Corporate Governance page. Here, we uphold the principles of transparency, accountability, and ethical conduct that define our organizational culture. Delve into our robust governance framework, encompassing board oversight, effective internal controls, proactive risk management system, and regulatory compliance, as we navigate the complexities of today's business landscape with integrity and foresight.
Euronext Securities Oslo, registered as Verdipapirsentralen ASA, is a public limited company based in Oslo. It is wholly owned by Euronext Nordics Holding AS, which itself is a fully owned subsidiary of Euronext N.V. Euronext Securities Oslo is governed by the provisions of its Articles of Association, by the Central Securities Depositories and Securities settlement Act, by Regulation (EU) No. 909/2014 (CSDR), and by the Public Limited Liability Companies Act.
The Company’s Board of Directors consists of between five and ten members, as determined by the General Meeting. The Managing Director does not serve as a Board member. The Chair of the Board is elected by the General Meeting, and each Board member is appointed for a one-year term. The Audit, Risk, and Remuneration Committees are approved by the Board of Directors in accordance with Regulation (EU) 2017/392, Article 48. In addition, the User Committee is established by the Board, in compliance with Regulation (EU) 909/2014, Article 28.
Audit Committee
The Audit Committee is responsible for advising the Board of Directors on the performance of the Euronext Securities Oslo’s internal audit function, which it shall oversee.
Risk Committee
The Risk Committee is responsible for advising the Board of Directors on the Euronext Securities Oslo’s overall current and future risk tolerance and strategy.
Remuneration Committee
The Remuneration Committee is responsible for advising the Board of Directors on the Euronext Securities Oslo’s remuneration policy, which it shall oversee.
User Committee
The User Committee is responsible for advising the Board of Directors on key arrangements impacting the company’s members and users, including participation criteria.