Imprint
Information according to § 5 DDG:
JITpay™ Financial GmbH
Willy-Brandt-Platz 19
38102 Braunschweig
Germany
Represented by:
Dennis Walanda (Managing director)
Carsten Koch (Managing director)
Contact:
E-Mail: support@JITpay.eu
Phone: +49 531 387 630 – 10
Fax: +49 531 209 77 0 – 21
registered in the:
Commercial register of the district court Braunschweig under HRB 206807
VAT-IdNr: DE262466722
Competent supervisory authority:
Federal Financial Supervisory Authority (BaFin), Graurheindorfer Straße 108, 53117 Bonn, Germany
Mandatory information according to the Institutional Remuneration Ordinance
Application area
JITpay™ Financial GmbH is subject to the following provisions. Pursuant to Section 1 (1b) of the German Banking Act (KWG) and Section 1 (1) of the German Remuneration Ordinance for Institutions (InstitutsVergV), JITpay™ Financial GmbH is subject to the Ordinance on the Regulatory Requirements for Remuneration Systems of Institutions (Institutionsvergütungsverordnung – InstitsVergV). However, JITpay™ Financial GmbH does not meet the requirements of Section 17 of the InstitsVergV for significant 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 managers employed by JITpay™ Financial GmbH have employment contracts agreed in writing, which contain all relevant regulations of the respective remuneration. There is currently no economic dependence of the employees and managers on variable remuneration components, as the remuneration system of JITpay™ Financial GmbH exclusively provides for fixed remuneration. JITpay™ Financial GmbH complies with all requirements for a remuneration system pursuant to Sections 3 to 7 and 10 of the German Remuneration Ordinance for Institutions (InstitutsVergV). Due to the small size of JITpay™ Financial GmbH, a detailed presentation of the total amount of all remunerations is omitted.