However, the National Bank has always been scrupulous in ensuring compliance with the ethical principles and values underlying the Belgian corporate governance code. It can be said that the system of governance and control imposed on us is just as exacting as that recommended by the Belgian corporate governance code, and in some respects even more so.
In fact, as a member of the European System of Central Banks, the Bank is subject to special rules and obligations which do not apply to any other Belgian companies.