Flow chart shows structure of Group risk committee. Structure as follows:

• Standard Chartered PLC Board - links into Standard Chartered Bank Court - which further links into Group Pensions Executive Committee (nothing sits under this committee), Group Asset and Liability Committee (which has three sub-commitees) and Group Risk Committee (which has six sub-commitees). The Audit and Risk Committee links in to the Standard Chartered Bank Court and also feeds back into the Standard Chartered PLC Board.
• Group Asset and Liability Committee’s sub-committees as follows:
  • Liquidity Management Committee
  • Capital Management Committee
  • Tax Management Committee
• Group Risk Committee’s sub-committees as follows:
  • Consumer Banking Risk Committee
  • Wholesale Banking Risk Committee
  • Group Market Risk Committee
  • Group Credit Committee
  • Group Operational Risk Committee
  • Group Reputational Risk and Responsibility Committee
  • Group Model Assessment Committee
  • Other risk committees

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Chart depicts three levels of assurances against risk types

e.g. Credit, Market, Operational, Liquidity and Reputational Assurances listed as follows:

• Risk Management Standards Global Policies and Procedures
• Wholesale and Consumer Banking Policies and Procedures
• Countries - Local Policy Addenda and Procedures

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Chart shows structure of Stress Testing Forum

…in which Country Stress Testing, Business Stress Testing and Risk Type Stress Testing feed into the Stress Testing Forum comprised of Risk Type Owners, Chief Risk Officers, Group Risk, Global Research and Regional Representatives. The forum the initiates Scenario Selection, Analysis and Impact Assessment and Management Action.

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