BPCE - 2019 RISK REPORT Pillar III
RISK MANAGEMENT SYSTEM
INTERNAL CONTROL
Internal control 3.4
The Group control system relies on three levels of controls, in accordance with banking regulations and sound management practices (two levels of permanent controls and one level of periodic control), as well as the establishment of consolidated control processes in accordance with provisions approved by BPCE’s Management Board.
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STRUCTURE OF GROUPE BPCE’S INTERNAL CONTROL SYSTEM
Supervisory Body
Responsible for the quality of the internal Control system
Audit Committee Risk Committee
Executive Body Executive managers
Remuneration Committee
Appointments Committee
Internal Control Coordination Committee (3CI)
Periodic control
Audit-Inspection function
Risk and Compliance Committee or Executive Risk Committee and specific committees for each type of risk
Outsourced activities
Review, ISS, BCP and SPB functions
Risk Management function
Compliance function
Level 2 permanent controls
Non-financial risks (Compliance, Operational Risk BPC, ISS)
Credit risks
Financial risks
Coordination of Permanent Controls
Level 1 permanent controls
Self-checks by the operational departments under managerial or functional supervision
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RISK REPORT PILLAR III 2019 | GROUPE BPCE
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