Piraeus Bank Group constantly caters for the development and the continuous improvement of the ICS aspiring at ensuring the following: adoption of international best practices and corporate governance principles consistent implementation of the business strategy with effective utilization of available resources identification and mitigation of any kind of assumed risks, including operational risk ensure the completeness and reliability of the data and information required for the accurate and timely assessment of the Organisation’s financial position and the preparation of reliable financial statements compliance with the legal framework regulating the Group’s operations, especially Law on “Corporate Governance” and the Bank of Greece Governor’s Act 2577/2006 on the operational principles framework and the evaluation criteria of the structure and the Internal Control System of financial institutions and management responsibilities, including internal regulations and code of conduct, and prevention and elimination of erroneous actions and irregularities that could jeopardize the reputation and the interests of the Group, and its stakeholders.