Lexikon

Under Directive 67/548/EEC these are standard phrases indicating the special risks arising from the dangers involved in using the substance or preparation. For example "Danger of very serious irreversible effects", "Limited evidence of a carcinogenic effect". When the current provisions are repealed and GHS enters into force, the R-phrases will be replaced by "hazard statements". (Source: REACH Glossary)

The concrete risk-phrases are enlisted in the entry of verbal characterisation of risk of chemicals