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Investor Presentaiton

RISK MANAGEMENT OBJECTIVES AND POLICIES (continued) Foreign Exchange Risk Foreign exchange risk hedging strategies are used to ensure that positions are always within established limits. The Group has a conservative policy towards foreign exchange risk and has set limits on positions by currency. Foreign exchange risk is measured using position reports showing the net long or short position for currencies which are monitored on a real-time basis. Foreign exchange risk is actively managed using spot and forward foreign exchange instruments. The capital requirement for foreign exchange risk as at 31 December 2020 is AED 269.55 million (as at 31 December 2019 is AED 129.73 million). Operational Risk Please refer Note no. 49 in the annual financial statements for detailed risk management objectives and policies for Operational Risk. Liquidity Risk Please refer Note no. 49 in the annual financial statements for detailed risk management objectives and policies for Liquidity Risk. Reputational Risk Please refer Note no. 49 in the annual financial statements for detailed risk management objectives and policies for Reputational Risk. Regulatory/Compliance Risk Please refer Note no. 49 in the annual financial statements for detailed risk management objectives and policies for Regulatory/Compliance Risk. Internal Audit's role in overall risk management Please refer Note no. 49 in the annual financial statements for detailed risk management objectives and policies for details on Internal Audit's role in overall risk management. Risk management framework and processes at Emirates Islamic Bank (EI) Please refer Note no. 49 in the annual financial statements for detailed risk management objectives and policies for details on Risk management framework and processes at El. Risk management framework and processes at DenizBank Please refer Note no. 49 in the annual financial statements for detailed risk management objectives and policies for details on Risk management framework and processes at DenizBank. 35 EMIRATES NBD BANK PJSC - BASEL II - PILLAR III DISCLOSURES FOR THE YEAR ENDED 31 DECEMBER 2020 36 بنك الإمارات دبي الوطني Emirates NBD
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