Euronext - 2019 Universal Registration Document

RISK MANAGEMENT & CONTROL STRUCTURE

2.1 Risk Factors

44

Euronext analyzes and monitors risks whose occurrence could have a material impact on the Group’s business. The table of the Group’s principal risks categorizes these risks, the most material risks taking into account the impact and the probability of their occurrence.

Strategic

44 48 51 52

Operational Risks Compliance Risk

Financial Risk

2.2 Control Structure

53

Risk Approach and Internal Control Objectives

53 53 54 55 57

ERM Framework

ERM Framework Governance 2.1.1 Second Line of Defence

2.1.2 Internal Audit – Third Line of Defense

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2019 UNIVERSAL REGISTRATION DOCUMENT