ABN AMRO headquarters © ANP.
ABN AMRO rejects any suggestion that structural control problems at the bank. The bank reported this today after reports in the Financial Daily.
The message suggests that the Bank has insufficient insight into private interests board. The findings come as the bank from an old study by De Nederlandsche Bank from 2013 ,, The topics addressed are identified and resolved. ”
The fact that the bank according to the newspaper insufficient understanding additional functions and private interests of the Commissioners would have and that the introduction of adequate control against the risk of interest waiting for it is misinformation, says ABN AMRO.
Control
The bank says the ABN AMRO Supervisory Board in the spring of 2014 has approved a tightening of the proceedings ,, regarding the registration and monitoring of other positions. ” The procedure looks according to the bank, inter alia, to the notification, to limit the number of supervisory and preventing conflicts of interest. ,, Every six months you will find this a check. ”
As for private securities already applies years of each member of the supervisory board ,, a very strict policy regarding private securities transactions and financial service commissioners’. This policy is set out in the Rules supervisory board, the statement said.
According to the bank every commissioner and each director also tied to a comprehensive settlement around conflicts of interest and required each (potential) conflict of interest directly to report.
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