Articles of Association
BRFkredit a/s (the mortgage credit institution) is a Danish limited company, fully owned by BRFfonden a business foundation through BRFholding a/s a holding company.
Bonds issued by BRFkredit shall be described in a prospectus in pursuance of Commission Regulation (EC) no. 809/2004. These regulations came into force on 1 July 2005. Bonds issued prior to this date are not described in a prospectus.
The prospectus takes the form of a base prospectus and separate Final Terms in which details for the individual bonds are stated.
BRFkredit's prospectus and final terms
Danish mortgage credit institutions are subject to the joint financial sector legislation as set out in the Danish Financial Business Act (in Danish: Lov om finansiel virksomhed), which contains provisions about best practises, client information, ownership, management, consolidation and financial reporting, capital requirements etc.
Mortgage credit institutions are subject to legislation set out in the Danish Mortgage-Credit Loans and Mortgage-Credit Bonds Act (in Danish: Lov om realkreditlån og realkreditobligationer) and the executive orders issued pursuant to the Act.
Read more about the Danish mortgage legislation
BRFkredit is subject to supervision by the Danish Financial Supervisory Authority (DFSA) - in Danish Finanstilsynet.
Read more about the Danish FSA supervision here