3 FACTEURS DE RISQUES, GESTION DES RISQUES ET PILIER III Gestion des risques
"H@CH >? HIGCH;NCIH ;P?= Ff&HMJ?=NCIH AwHwL;F? >? - " )?M >?OR CHMJ?=NCIHM AwHwL;F?M IHN ;CHMC N?HO r =?N ?@@?N MCR LwOHCIHM ?Hn nKOC IHN J?LGCM >? NL;CN?L F?M KO?MNCIHM L?F;NCP?M ;OR JF;HM ?N JL;NCKO?M >f;O>CN ;CHMC KO? F?M NBvG?M L?F?P;HN >? FfwP;FO;NCIH >?M LCMKO?M ?N >? F; =IN;NCIH >?M GCMMCIHM =IGCNw >? =IIL>CH;NCIH >?M CHMJ?=NCIHM AwHwL;F?M Gouvernance et dispositif 3.2.2 de gestion des risques Dispositif de gestion 3.2.2.1 des risques ); A?MNCIH >?M LCMKO?M >? +;NCRCM L?JIM? MOL >?M @IH=NCIHM >? =IHNL~F? CH>wJ?H>;HN?M =B;=OH? =IHNLC;HM F?OL JwLCGvNL? >? MOJ?LPCMCIH ); @IH=NCIH >? A?MNCIH >?M LCMKO?M ;MMOLw? J;L F; >CL?=NCIH >?M LCMKO?M ?MN ILA;HCMw? ?H @CFCvL? CH>wJ?H>;HN? GIH>C;F? M?FIH OH? MNLO=NOL? G;NLC=C?FF? J?LG?NN;HN >? =IOPLCL Ff?HM?GO JwLCGvNL? >?M LCMKO?M MIOM M; L?MJIHM;?M TIH?M AwIAL;JBCKO?M =IH=?LHw?M "Hn F; @IH=NCIH >? A?MNCIH >?M LCMKO?M ; FwAvL?G?HN @;CN wPIFO?L MIH ILA;HCM;NCIH ;@CH >f;==IGJ;AH?L ;O GC?OR F; NL;HM@ILG;NCIH >? +;NCRCM ?N MIH GI>vF? IJwL;NCIHH?F =CwMILG;CM ;ONIOL >? KO;NL? ;R?M JLCH=CJ;ORn MCR >wJ;LN?G?HNM NL;HMP?LM?M L?>CN /CME *;LE?N /CME V ,J?L;NCIH;F /CME 0NLO=NOL;F ;F;H=? 0B??N /CME "HNL?JLCM? /CME *;H;A?G?HN ?N *I>?F /CME /CME $IP?LH;H=? =IOPL;HN F?OLM LCMKO?M MJw=C@CKO?M "HNL?JLCM? /CME *;H;A?G?HN wN;HN >w>Cw ;OR ;=NCPCNwM >? >wP?FIJJ?G?HN >?M GI>vF?M >? LCMKO? ?N r F; A?MNCIH >?M JLID?NM LwAF?G?HN;CL?M ?N 0NLO=NOL;F ;F;H=? 0B??N /CME 0 0/ HIOP?FF?G?HN =Lww ;S;HN JIOL PI=;NCIH >fIJwL?L MOL F?M LCMKO?M MNLO=NOL?FM >? ? GCMMCIHM KOC wN;C?HN CHCNC;F?G?HN ?Rw=ONw?M J;L F? >wJ;LN?G?HN * /-) *;LE?N =NCPCNC?M /CMEM - ) ;H> )CKOC>CNS L?HIGGw *;LE?N /CME ;O =IOLM >? Ff;HHw? n NLICM >wJ;LN?G?HNM LwACIH;OR IJwL;HN MOL F?M TIH?M V AwIAL;JBCKO?M >?M JF;N?@ILG?M GwLCKO?M MC?
-;=C@CKO? ?N "*" 8"OLIJ? *IS?H
,LC?HN @LCKO?9 n NLICM >wJ;LN?G?HNM =IHM;=LwM ;OR GwNC?LM >? $?MNCIH >f;=NC@M ?N V >? @ILNOH? >f MMOL;H=?M ?N >? -;C?G?HNMn OH >wJ;LN?G?HN CH@ILG;NCKO? >w>Cw V ); @IH=NCIH >? A?MNCIH >?M LCMKO?M JCFIN? F? >CMJIMCNC@ >f;JJwNCN ;O LCMKO? ?N JLIJIM? JIOL P;FC>;NCIH J;L F; >CL?=NCIH AwHwL;F? >?M JIFCNCKO?M >? LCMKO? wN;w@CHC?M J;L F?n$LIOJ? - " ?N MIOG?N JIOL >w=CMCIH r FfILA;H? ?Rw=ONC@ F?MnJLCH=CJ?M ?N LvAF?M =IH=?LH;HNn F?M JLI=?MMOM >? >w=CMCIH >? JLCM? >? LCMKO?n V F?M M=BwG;M >? >wFwA;NCIHn V F; G?MOL? >?M LCMKO?Mn V F; MOLP?CFF;H=? >?M LCMKO?M V "FF? ;MMOL? OH? @IH=NCIH >? P;FC>;NCIH CH>wJ?H>;HN? >?M GI>vF?M >;HM F? =;>L? >? F; A?MNCIH >O LCMKO? >? GI>vF? "FF? DIO? OH L~F? ?MM?HNC?F ;O M?CH >fOH? ;L=BCN?=NOL? >? =IGCNwM >IHN F? =IGCNw @;{NC?L ?MN F? =IGCNw >?M LCMKO?M AFI<;OR >? +;NCRCM KOC M? LwOHCN r OH? @LwKO?H=? NLCG?MNLC?FF?
-;L ;CFF?OLM ?FF? ;MMOL? OH? =IGGOHC=;NCIH LwAOFCvL? >? M?M NL;P;OR ;H;FSM?M ?N =IHMN;NM ;OR >CLCA?;HNM ?@@?=NC@M ?N r FfILA;H? >? MOLP?CFF;H=? >? +;NCRCM ;CHMC KOf;O $LIOJ? - " 2H? @IH=NCIH >w>Cw? JLI>OCN OH? PCMCIH >? MSHNBvM? ;O NL;P?LM >? N;? ;@CH >? L?H>L? =IGJN? >?M >C@@wL?HNM LCMKO?M ?H=IOLOM =Lw>CN G;L=Bw FCKOC>CNw IJwL;NCIHH?F GI>vF?i -IOL ;==IGJFCL M; GCMMCIH F; >CL?=NCIH >?M LCMKO?M Mf;JJOC? MOL OH MSMNvG? >fCH@ILG;NCIH ;>;JNw ;OR ;=NCPCNwM ?R?L=w?M >;HM F?M GwNC?LM =`OLM >? +;NCRCM >;HM F?KO?F MIHN >w=FCHw?M M?M GwNBI>IFIAC?M >? GI>wFCM;NCIH ?N >? KO;HNC@C=;NCIH >w@CHC?M J;L NSJIFIAC? >? LCMKO? ); A?MNCIH ?N F? MOCPC >?M LCMKO?M MNLO=NOL?FM >? ? +;NCRCM MIHN JF;=wM MIOM Ff;ONILCNw >O =IGCNw >? A?MNCIH ;=NC@nd J;MMC@ F? Yn=IGCNw $ -n^ )? JwLCGvNL? >? MOCPC >O =IGCNw $ - JILN? MOL F? LCMKO? >? N;OR >fCHNwLxN AFI<;F F? LCMKO? >? FCKOC>CNw F? LCMKO? >? =B;HA? MNLO=NOL?F ?N F? LCMKO? >? F?PC?L ); @IH=NCIH =IGJFC;H=? MOJ?LPCM? F? >CMJIMCNC@ >? A?MNCIH >O LCMKO? >? HIH
=IH@ILGCNw >? +;NCRCMn0 M?M MO==OLM;F?M ?N M?M @CFC;F?M @L;Hu;CM?M IO wNL;HAvL?M "FF? ; wA;F?G?HN ?H =B;LA? F; JLwP?HNCIH >O LCMKO? >? @L;O>? ?N F; Mw=OLCNw >?M MSMNvG?M >fCH@ILG;NCIH ?N >? =IHNCHOCNw >f;=NCPCNw 0?M LvAF?M >? @IH=NCIHH?G?HN MIHN LwAC?M J;L OH? =B;LN? P;FC>w? J;L F? =IGCNw >? >CL?=NCIH AwHwL;F? )?M ;=NCIHM JLwP?HNCP?M >? =IHM?CF M?HMC?M JLCH=CJ;OR F?PC?LM ;=NCIHHwM J;L F; @CFCvL? =IGJFC;H=? JIOL ;==LI{NL? F; G;{NLCM? >?M LCMKO?M >? HIH
=IH@ILGCNw >? +;NCRCM Organisation 3.2.2.2 IHHp?M =?LNC@Cp?M J;L F?M =IGGCMM;CL?M ;OR =IGJN?M ;O NCNL? >`%"./h )? @IH=NCIHH?G?HN >? F; AIOP?LH;H=? >? F; A?MNCIH >?M LCMKO?M L?JIM? MOL OH? ILA;HCM;NCIH MNLO=NOLw? CGJFCKO;HN Ff?HM?G?M HCP?;OR >? F; <;HKO?n F? =IHM?CF >f;>GCHCMNL;NCIH ?N M?M =IGCNwM MJw=C;FCMwM =IGCNw >?M V LCMKO?M =IGCNw >f;O>CNi n F?M >CLCA?;HNM ?@@?=NC@M ?N F?M =IGCNwM MJw=C;FCMwM >?M LCMKO?M >? F; V <;HKO? KOfCFM JLwMC>?HNn F?M >CL?=NCIHM =?HNL;F?M CH>wJ?H>;HN?M >?M GwNC?LMn V F?M GwNC?LM $?MNCIH >f;=NC@M ?N >? @ILNOH? ;HKO? >? AL;H>? V =FC?HNvF? MMOL;H=?M ?N -;C?G?HNM Culture risque 3.2.2.3 +;NCRCM M? >w@CHCN J;L M; @ILN? =OFNOL? LCMKO? ?N =? r NIOM F?M HCP?;OR >? MIH ILA;HCM;NCIH CHMC F; =OFNOL? LCMKO? M? JIM? ;O =`OL >?M JLCH=CJ?M @IH>;N?OLM >? F; @CFCvL? LCMKO?M F; =B;LN? >?M LCMKO?M FfCHMwL;HN >;HM M?M JLCH=CJ?M >CL?=N?OLM 0IH >CMJIMCNC@ Mf;LNC=OF? ;ONIOL >? >?OR ;R?M JLCH=CJ;ORn ;Q70A<>=8B0C8>= 34B 1>==4B ?A0C8@D4B ;O M?CH >? F; <;HKO? PC; F? V >wJFIC?G?HN >fOH =ILJOM >? JIFCNCKO?M >? LCMKO?M >? HILG?M ?N >? JLI=w>OL?M =IOPL;HN Ff?HM?G?M LCMKO?M G;D?OLM >? F; <;HKO? =Lw>CN G;L=Bw IJwL;NCIHH?FM ?N >? GI>vF? ?N >w=FCH;HN F; PCMCIH MNL;NwACKO? >? F; <;HKO? ?N MIH ;JJwNCN ;O LCMKO?n ;4 3\?;>84<4=C 3QD=4 BCA0C\684 ?H G;NCvL? >? =OFNOL? LCMKO? V ;LNC=OFw? ;ONIOL >? n;R?Mn OH ;R? ;ONIOL >? F; M?HMC? F; =IGGOHC=;NCIH >CACN;F? >? F; @CFCvL? G;A;TCH? >CACN;F /CME CH *CH> L?H@IL=?G?HN >? F; JLwM?H=? LCMKO? MOL 6;GG?Li ?N F; GCM? ?H JF;=? >? M?MMCIHM >? YnF?MMIHM F?;LH?>n^ >IHN FfI? >C@@OM?L F; =IHH;CMM;H=? >?M CH=C>?HNM J;MMwM ?N >? J;LN;A?L F?M ?HM?CAH?G?HNM NCLwM
124
NATIXIS DOCUMENT D’ENREGISTREMENT UNIVERSEL 2020