Inhoudsopgave Voorwoord Bestuursverslag Corporate governance Consolidated Financial Statements Company Financial Statements Pillar 3 A schematic overview of Rabobank's capital model is presented in Figure 3. Figure 3: Capital model. Per business unit, business line and event type Internal loss data Incident frequency distributions Stand-alone Annual loss distributions Diversified Annual loss distribution Group Scenario data External loss Internal loss Incident severity distributions RCand EC Group RCandECBUs Perbusiness line and event type Per business unit Incident frequency distributions Poisson distribution Average frequencies determined using weighting method Stand-alone Annual loss distributions Combination of frequency distribution and severity distribution using Monte Carlo Incident severity distributions Body: Empirical distribution Tail: Parameterised distribution Diversified Annual loss distribution Group Aggregation of stand-alone Annual loss distributions using copula approach Managing operational risks EDTF31 The Operational Risk Committee is responsible for ratifying the operational risk policy and its parameters at Rabobank Group level. The primary responsibility for the management of operational risk lies within the business, as it should be fundamentally woven into their strategic and day- to-day decision-making. Within the group entities, risk management committees have an important role in identifying and monitoring the operational risks of the entity. These responsibilities are supported by Risk Management, which provides oversight, tools, expertise and challenge to the group entities and transparency throughout the Group and towards senior management. OpRisk reports quarterly to the RMC Group on Risk appetite and other developments with impact for the group wide OpRisk profile. 348 Rabobank Jaarverslag 2016

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Jaarverslagen Rabobank | 2016 | | pagina 349