Citibank 2013 Annual Report Download - page 159

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DISCLOSURE CONTROLS AND PROCEDURES
Citi’s disclosure controls and procedures are designed to ensure that
information required to be disclosed under the Securities Exchange Act of
1934, as amended, is recorded, processed, summarized and reported within
the time periods specified in the SEC’s rules and forms, including without
limitation that information required to be disclosed by Citi in its SEC filings
is accumulated and communicated to management, including the Chief
Executive Officer (CEO) and Chief Financial Officer (CFO) as appropriate to
allow for timely decisions regarding required disclosure.
Citi’s Disclosure Committee assists the CEO and CFO in their
responsibilities to design, establish, maintain and evaluate the effectiveness
of Citi’s disclosure controls and procedures. The Disclosure Committee
is responsible for, among other things, the oversight, maintenance and
implementation of the disclosure controls and procedures, subject to the
supervision and oversight of the CEO and CFO.
Citi’s management, with the participation of its CEO and CFO, has
evaluated the effectiveness of Citigroup’s disclosure controls and procedures
(as defined in Rule 13a-15(e) under the Securities Exchange Act of 1934) as
of December 31, 2013 and, based on that evaluation, the CEO and CFO have
concluded that at that date Citigroup’s disclosure controls and procedures
were effective.