Which of the following are a CRO's responsibilities:

Statutory financial reporting is the responsibility of the Chief Financial Officer, not the Chief Risk

Officer. The head of internal audit reports to the audit committee of the board, not the CRO.

Therefore statements I and II are incorect.

The CRO is generally expected to drive risk and compliance with related regulatory standards. Market

risk, credit risk and operational risk groups report into the CRO, so statements III and IV are correct.