EDF / 2020 Universal Registration Document

2

RISK FACTORS AND CONTROL FRAMEWORK

2.1

RISK MANAGEMENT AND CONTROL OF ACTIVITIES

2.2

RISKS TO WHICH THE GROUP

98

IS EXPOSED

105

2.1.1 2.1.2

Control environment

98

2.2.1 2.2.2 2.2.3 2.2.4 2.2.5

Market regulation, political and legal risks

107 111 113 116 121

Focus on the 2 nd line of control: cross-functional control systems Focus on the 3 rd line of control:

Financial and market risks

99

Group transformation and strategic risks

2.1.3

Operational performance

the Group’s audit unit

104 105

Specific risks related to nuclear activities

2.1.4

External controls

97

EDF - UNIVERSAL REGISTRATION DOCUMENT 2020