Imprint

Information in accordance with section 5 TMG

JITpay™ Financial GmbH
Willy-Brandt-Platz 16 – 20
38102 Braunschweig
Germany

Represented by:
Dennis Wallenda (Executive Director)
Carsten Koch (Executive Director)

Contact:

E-Mail: info@jitpay.eu
Telephone: +49 531 288 75 20
Fax: +49 531 288 75 22

registered in the:
Commercial register of the district court Braunschweig under HRB 206807

VAT ID No: DE262466722

Competent supervisory authority:
Federal Financial Supervisory Authority (BaFin), Graurheindorfer Straße 108, 53117 Bonn, Germany

and

JITpay™ GmbH
Willy-Brandt-Platz 16 – 20
38102 Braunschweig
Germany

Represented by:
Dr. Daniel Steinke (CEO)

Contact

E-Mail: Info@JITpay.eu
Telephone: +49 531 288 75 20
Fax: +49 531 288 75 22

registered in the:

Commercial register of the district court Braunschweig under HRB 206026

VAT ID No: DE308198146

Mandatory information according to the Institutional Compensation Ordinance

Scope of application

JITpay™ Financial GmbH is subject to the provisions of Section 1 (1b) of the German Banking Act (KWG) and Section 1 (1) of the Institutional Compensation Ordinance (InstitsVergV) concerning the regulatory requirements for remuneration systems of institutions. However, JITpay™ Financial GmbH does not meet the requirements of section 17 of the InstitsVergV for major institutions, so that only the general provisions of sections 2 to 16 of the InstitutsVergV apply to it.

 

 

The remuneration system of JITpay™ Financial GmbH

The employees and managing directors employed by JITpay™ Financial GmbH have employment contracts agreed in writing which contain all relevant provisions of the respective remuneration. There is currently no economic dependence of employees and managers on variable remuneration components, as the remuneration system of JITpay™ Financial GmbH only provides for fixed remuneration. All requirements for a remuneration system in accordance with §§ 3 to 7, 10 InstitutsVergV are met by JITpay™ Financial GmbH. Due to the small size of JITpay™ Financial GmbH, a more detailed presentation of the total amount of all remuneration is not provided.

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