The Group recognises the importance of identifying and actively managing the financial and non-financial risks facing the business. The Board is responsible for setting the Group risk appetite and through regular review of our risks and controls ensure that the appropriate mitigations are in place. Managing risk is embedded in our culture and how we conduct our day-to-day business activities. Whilst our Board retains overall responsibility, all our employees have a part to play.
On pages 28 to 33 of the 2014 Annual Report you will find information on our approach to managing risk and commentary on our principal risks.