Annual report 2006 - Dexia.com
Annual report 2006 - Dexia.com
Annual report 2006 - Dexia.com
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CORPORATE GOVERNANCE<br />
MAZARS & GUÉRARD Services Services provided<br />
provided<br />
for the <strong>Dexia</strong> Group<br />
for <strong>Dexia</strong><br />
(consolidated<br />
(in EUR) amounts)<br />
a) Account audit tasks 100,000 2,826,295<br />
b) Certification tasks 56,070 175,026<br />
c) Tax advice 0 0<br />
d) Due diligence 0 0<br />
e) Other (non-certification) tasks 15,400 18,623<br />
e-1) entrusted by the Law to Auditors 0 0<br />
e-2) not entrusted by Law to Auditors 15,400 18,623<br />
- Accounting advice (ex-IFRS) 0 0<br />
- Legal advice 0 0<br />
- Assistance: IFRS implementation 0 0<br />
- Assistance: Basel II implementation 0 0<br />
- Assistance: other tasks 15,400 18,623<br />
- Other (non-assistance) 0 0<br />
TOTAL 171,470 3,019,944<br />
MANAGEMENT REPORT<br />
Protocol on the prudential structure of the <strong>Dexia</strong><br />
Group<br />
In accordance with the provisions of European Directives on<br />
banking coordination, the prudential supervision of the <strong>Dexia</strong><br />
Group is exercised on the consolidated basis of the <strong>Dexia</strong> SA<br />
financial <strong>com</strong>pany which is the parent <strong>com</strong>pany. That supervision<br />
is exercised by the Banking, Finance and Insurance Commission,<br />
in concert with the Banking <strong>com</strong>mission and the Committee for<br />
Credit Establishments and Investment Companies (France) and<br />
the Financial Sector Supervisory Commission (Luxembourg).<br />
The Banking, Finance and Insurance Commission signed a<br />
protocol with <strong>Dexia</strong> SA in 2001 relating to the prudential<br />
structure of the <strong>Dexia</strong> Group. This protocol, which contains<br />
important agreements between the Banking, Finance and<br />
Insurance Commission and <strong>Dexia</strong> SA in terms of corporate<br />
governance, deals in particular with the status of <strong>com</strong>pany<br />
executives (honesty and professional experience, treatment of<br />
conflicts of interest, loans to executives), the quality of <strong>Dexia</strong><br />
SA shareholders, the joint nature and authority of the <strong>Dexia</strong><br />
SA Management Board, and control of the <strong>Dexia</strong> Group. A<br />
copy of the protocol may be obtained from the <strong>com</strong>pany’s<br />
corporate offices. The text of the protocol, which was slightly<br />
modified in 2003, is also available on the <strong>Dexia</strong> website<br />
(www.dexia.<strong>com</strong>).<br />
COMPTES CONSOLIDÉS<br />
COMPTES SOCIAUX<br />
<strong>Dexia</strong> / <strong>Annual</strong> Report <strong>2006</strong> | 51
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