Governance

Achmea Mortgages is a trade name of Syntrus Achmea Real Estate & Finance. Syntrus Achmea Real Estate & Finance is a direct subsidiary of Achmea B.V. This means we comply with the AFM (Dutch Financial Markets Authority) requirements for the AIFMD licence. The AFM granted Syntrus Achmea Real Estate & Finance a licence in 2015 within the scope of the Alternative Investment Fund Managers Directive (AIFMD).

Three lines of defence

At Syntrus Achmea Real Estate & Finance, risk management is set up in accordance with the ‘three lines of defence’ model.

First line

The management is responsible for managing the risks during day-to-day activities. Risk- and compliance-related matters, such the status of issues and incidents, are discussed every month in the Risk Review Committee. We furthermore discuss the progress of implementing legislation and regulation.

Second line

Risk Management and Compliance monitor the management by the first line, and advise on additional measures when necessary. Periodically testing the implementation of measures within the framework of the processes outsourced to Achmea Mortgages results in an annual ISAE report, including a statement from an external auditor.

Third line

The internal accounts department conducts audits and consulting assignments concerning processes and themes within our organization. Every audit or consulting assignment is concluded with a report with findings and recommendations. Internal Audit also reports to the Audit & Risk Committee and our Funds’ Audit Committee.

Supervisory board

Hans Snijders

Chairman