Risk Management

A thorough understanding of risk is essential to the Heritage Trust Union Group's business strategy. We place great importance on the management and monitoring of risk in order to ensure that we always remain within the approved risk limits and comply with legal requirements. This section contains information about the EU Capital Requirements Directive (CRD) that regulates the capital adequacy of credit institutions and gives a general description of the Basel III/CRD IV rules. The Capital Requirements Regulation (CRR) is an EU regulation, that set forth rules for capital adequacy for credit institutions. It is based on Basel III.