Compliance

The Managing Board and all other staff of Credit Europe Bank N.V. including their branches, liaison offices and banking and non-banking subsidiaries (hereinafter collectively ‘Credit Europe group’ or ‘Credit Europe’) endeavour to maintain a company culture and business strategy whereby company values and standards of professional conduct are maintained at every business level and with all activities, business or otherwise, as an integral part of the company policy. Such standards are understood to be: national and international legislation and directives by relevant authorities and their duly appointed supervisory bodies, generally accepted business standards and Credit Europe group’s own internal regulations including ethical standards not being included in legislation. Credit Europe group will not accept nor condole activities or behaviour that will or might in any way conflict with any of these standards.

Risk Management

Credit Europe Bank NV has a centralized risk-management structure, which includes:

• central policies applicable to the whole group;
• a clear division of tasks and responsibilities;
• clear reporting lines; and,
• control measures at group and local level.

Our dedication to improving end-to-end risk-management framework is based on the following drivers: ensuring the Bank’s rapid and solid growth, meeting the increasing number of regulations on risk management, keeping pace with the ever-changing nature of risk management and, most importantly, our desire to enhance our risk-management capabilities beyond regulatory requirements. The Internal Capital Adequacy Assessment Process (ICAAP) forms the core of Credit Europe Bank's risk-management framework, under which all material risks are assessed and the Bank’s capital adequacy as well as its entire risk-management structure is tested. Credit Europe Bank aims to provide market participants with information allowing a better assessment of its risk profile and capital adequacy. Pillar 3 information - complimentary to the publicly available financial reports - is also available as a separate publication under the tab 'Financials' on this website.