The Money Market Committee consists of the following:
- Senior Vice President, Steen Qvist Jørgensen
- Business Unit Manager, Kim W. Larsen, Danske Bank
- Head of Regulatory Risk Frameworks & Projects, Mikkel Kongshøj Andersen
- Deputy Chief Executive, Pernille Vastrup, Nykredit Bank
- Head of Division, Carsten Bach Vind, Sydbank
The aims and activities of the committee
A committee has been established in connection with CITA, T/N, CIBOR and SWAP reference rate fixing.
The main aim of the committee is to ensure the quality of CITA, T/N, CIBOR and SWAP reference rate supporters and their quota fixings.
Members of the committee are appointed by Finance Denmark’s board of directors. Eligibility requires an employment relationship with a CITA, T/N, CIBOR and SWAP reference rate supporter. If the employment relationship is terminated, membership of the committee will automatically be terminated. The applicable CITA, T/N, CIBOR and SWAP reference rate supporter can subsequently choose to nominate a new person as member of the committee.
Eligibility for the committee requires thorough knowledge of the Danish financial market and that the person in question does not fix quotas for CITA, T/N, CIBOR and SWAP reference rates or is the direct superior of these persons.
Finance Denmark is the secretariat for the committee and participates in its meetings without voting rights.
The committee handles all questions concerning fixing quotas of CITA, T/N, CIBOR and SWAP reference rates, including fixing the circle of supporters.