Internal Control System Piraeus Bank Group is continuously aiming for the development and the continuous improvement of the Internal Control System (ICS) in order to achieve the following objectives: adoption of international best practices and corporate governance principles reliable implementation of the business strategy with effective utilization of available resources identification and mitigation of all undertaken risks of any nature, including operational risk ensure the completeness and reliability of the data and information required for the accurate and timely assessment of the Group’s financial position and the preparation of reliable financial statements compliance with the legal framework regulating the Group’s operations, focusing on Law regarding the operational principles framework and the evaluation criteria of the structure and the Internal Control System of financial institutions and the responsibilities of the management, including internal regulations and code of ethics the prevention and elimination of erroneous actions and irregularities that could jeopardize the reputation and the interests of the Group, and its stakeholders.