In its operations, OP Corporate Bank complies with Finnish legislation. In addition to the Finnish Limited Liability Companies Act, OP Corporate Bank complies with regulations governing securities issuers, financial services companies and insurance companies, its Articles of Association and the guidelines issued by OP Cooperative. In its international operations, OP Corporate Bank also complies with local laws when applicable.
OP Corporate Bank belongs to the amalgamation of deposit banks, under applicable legislation, and is a subsidiary of OP Cooperative, the central cooperative of said amalgamation. Laws and OP Corporate Bank’s Articles of Association set some restrictions on the composition of the Board of Directors. The company acts as the central financial institution for OP Financial Group member cooperative banks.