The Risk and Capital Committee
The Board ensures that routines are in place to identify and define risks relating to business activities as well as to measure and control risk-taking. The Board’s Risk and Capital Committee supports the Board in this work, although the Board still has ultimate responsibility for the bank’s risk taking and assessing its capital requirements.
The Committee covers the following areas:
- Market risk
- Credit risk
- Liquidity and funding (e.g. limits on liquidity risk)
- Capital (e.g. monitoring the capital base, risk-weighted assets and governance models)