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The ANZ Risk Management Framework

The ANZ Risk Management Framework Australia and New Zealand Banking Group Limited 27 July 2004. Dr Mark Lawrence Chief Risk Officer Creating a more sustainable, lower risk business Significantly improved credit risk Framework , profile and outcomes Strong market & operational risk capability Economic capital models embedded for all major risks across all businesses Independent central risk team is formally involved in all strategic initiatives Simplifying and strengthening compliance - ongoing 27 July 2004 Page 2.

The ANZ Risk Management Framework Australia and New Zealand Banking Group Limited 27 July 2004 Dr Mark Lawrence Chief Risk Officer

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