BIC - 2019 Universal Registration Document

RISKS MANAGEMENT

Introduction

44

MAIN RISKS AND RISK ASSESSMENT 2.1.

44

DESCRIPTION ANDMITIGATIONOF MAIN RISK FACTORS 2.2.

45

VIGILANCE PLAN 2.3.

51

Regulatory framework 2.3.1

51 51 51 52

Governance 2.3.2 Risk Mapping 2.3.3

Organization and measures for the prevention of major non-financial risks 2.3.4

RISKMANAGEMENT AND INTERNAL CONTROL PROCEDURES IMPLEMENTED 2.4. BY THE COMPANY AND INSURANCE

55

Risk Management and Internal Control definitions and objectives 2.4.1

55 56

Components of risk management and internal control of the Company and its subsidiaries 2.4.2 Risk Management and Internal Control participants, specific structure(s) in charge/respective roles 2.4.3 and interactions

60 62

Insurance – coverage of risks 2.4.4

43

• BIC GROUP - 2019 UNIVERSAL REGISTRATION DOCUMENT •