The Audit Committee is responsible for providing support to the Supervisory Board in its supervision of audit issues. This includes reviewing the terms of reference and policies and procedures of the Internal Audit Division as well as providing recommendations thereon to the Supervisory Board, reviewing the annual audit plan prepared by the Internal Audit Division, reviewing the most significant findings of the Internal Audit Division on a quarterly basis, and reviewing the Internal Audit Division’s annual assessment of its performance according to the audit plan. In addition, the Audit Committee supervises Altraders Group’s relations with external auditors and makes recommendations in relation to their appointment, re-appointment or removal, provides recommendations regarding any issues identified by the FCMC, and provides annual assessments to the Supervisory Board. The Audit Committee is composed of at least three members, and is chaired a member of the Supervisory Board. The Audit Committee meets four times per year, or more frequently if required.

The Risk and Governance Committee is responsible for providing support to the Supervisory Board by monitoring the levels of risk to which Altraders Group is exposed and the compliance of its operations with permitted levels of risk, as well as ensuring that remuneration schemes take into account liquidity, capital and operational risk. It also checks that risk is sufficiently priced into Altraders Group’s products and services, and provides recommendations regarding any areas identified by the FCMC for improvement. The Risk and Governance Committee is composed at least three members, and is chaired by a member of the Supervisory Board. The Risk and Governance Committee meets four times per year, or more frequently if required.

Altraders Investment Group has a comprehensive corporate governance and risk management structure in place to operate in a transparent and prudent manner to balance and protect the interests of its various stakeholders. Altraders Investment corporate governing bodies are the General Meeting of Shareholders, the Supervisory Board and the Management Board, each having its own responsibilities and authorities in accordance with EU law and the Articles of Association.