The EIB Group publishes its second Risk Management Disclosure report, designed to provide further information about the approach the Group takes to managing risk and assessing its capital adequacy as at 31 December 2016.

In performing its activities, the EIB Group follows a conservative risk management framework. The Group adapts regularly its risk management policies and practices to the market conditions and best industry practice. To this extent, the Group publishes its second Risk Management Disclosure report, designed to provide further information about the approach the Group takes to managing risk and assessing its capital adequacy.

The EIB Group does not fall within the scope of application of the Capital Requirements Directive and Regulation (‘CRD IV’ and ‘CRR’ or ‘CRD IV/CRR package’), which is the EU legal framework implementing Basel III rules, and is therefore not legally obliged to meet the requirements of the Directive and Regulation. However, the EIB Group aims to comply with relevant EU banking rules and best banking practice applicable to it under the control of its Audit Committee.

The EIB Group publishes its second Risk Management Disclosure report, designed to provide further information about the approach the Group takes to managing risk and assessing its capital adequacy as at 31 December 2016.

In performing its activities, the EIB Group follows a conservative risk management framework. The Group adapts regularly its risk management policies and practices to the market conditions and best industry practice. To this extent, the Group publishes its second Risk Management Disclosure report, designed to provide further information about the approach the Group takes to managing risk and assessing its capital adequacy.

The EIB Group does not fall within the scope of application of the Capital Requirements Directive and Regulation (‘CRD IV’ and ‘CRR’ or ‘CRD IV/CRR package’), which is the EU legal framework implementing Basel III rules, and is therefore not legally obliged to meet the requirements of the Directive and Regulation. However, the EIB Group aims to comply with relevant EU banking rules and best banking practice applicable to it under the control of its Audit Committee.