53 Rabobank Group Annual Report 2004
Organisation and risk management
Risk management
The management of Rabobank Group is based on its strategic principles
and, by extension, on the interrelationship between risk, return and
reserves. Both the Dutch Central Bank and the bank itself have formulated
standards concerning Rabobank's organisation and control. The standards
of the Dutch Central Bank are laid down for example in the Regulation
on Organisation and Control, which forms the framework for the
organisation and control of Rabobank Group's activities. For further
information, please refer to the relevant sections in this Annual Report
and the chapter on Risk management in particular. In view of the above,
the Executive Board believes that Rabobank Group's internal risk
management and control systems meet the relevant requirements and
are adequate and effective.
For the explanation of the deviations from
the Tabaksblat Code, please visit
www.ra bo ba n k.co m
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