BPCE - 2018 Risk report / Pillar III

11 NON-COMPLIANCE, SECURITY AND OPERATIONAL RISKS Compliance and Risks – Insurance & Non-Banking Operations

ADDITIONAL SUPERVISION OF FINANCIAL CONGLOMERATES The purpose of “additionalsupervisionof financial conglomerates”is to formally combine the initiatives directly undertaken in respect of financial conglomerates aswell as inter-sector initiatives. Initial meetings addressedthe function topics and needs of the main participants: financial conglomerate liquidity risk; ● changes inregulatory deliverables; ● streamlinedmanagementof PRPs throughoutthe Group; ● design of an analysis chart specifically tailored to financial ● conglomerate oversight.

ASSET MANAGEMENT RISKS AND COMPLIANCE

The Asset Managementrisk and compliancesystem is in the process of being rolled out. The mission statement,validated this year by the CRCG, includes the creation of an asset management risk and compliance oversightcommittee(CSRC GA)that will meet quarterly. The DRCCP supervises risks arising from the interdependenceof the asset management business and otherbanking and Insurance divisions, throughan analysis of potentially cumulative risks.

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Risk Report Pillar III 2018