Rules and Policies of Arctica Finance

Arctica Finance places strong emphasis on employing personnel with the skills, knowledge and expertise necessary for the discharge of the responsibilities allocated to them.

Rules on the Eligability of Key Employees

Arctica Finance has issued rules on the basis of Act on Financial Undertakings and the rules of the Financial Supervisory Authority no. 3/2010, wherein key employees are listed as well as the rules stating what Arctica Finance demands of its key employees, which is stricter than the demands placed on other employees.

Rules on Handling of Information on Clients

Arctica Finance has issued rules in accordance with Act on Financial Undertakings on handling of information on clients. Those rules state how information is to be communicated to internal audit, supervisory authorities and the police, and how supervision of the implementation of the rules is arranged. The rules can be found in Icelandic:

Rules on Employees' Securities Transactions

Arctica Finance has issued rules on the basis of Act on Financial Undertakings and Act on Securities Transactions, with reference to regulation on investor protection and the business conduct of financial undertakings, on employees' securities transactions. The aim of the rules is to prevent that securities transactions of Arctica Finance's employees, management and other related parties conflict with the interests of the company's clients. The rules can be found in Icelandic: