Regulatory Compliance and Risk Management Unit

The Company’s Regulatory Compliance Unit, which as its task is to establish and implement appropriate and up-to-date policies and procedures, is leaded by the Regulatory Compliance Officer who has access to all required sources of information, has sufficient knowledge and experience and draws up the Company’s annual regulatory compliance action plan, which is approved by the Audit Committee. The Regulatory Compliance Officer shall monitor the implementation of the annual action plan.

 

The Risk Management Officer is responsible for monitoring and coordinating the implementation of the Company’s Risk Management System. The Company’s risk management system is an essential element of the Internal Controls System (ICS) and by extension the Corporate Governance System that the Company implements.

The Risk Management Unit refers to the CEO of the Company. The implementation of the Risk Management System is carried out on the basis of the Enterprise Risk Management Methodology methodology that follows the COSO framework.