NATIXIS - Universal registration document and financial report 2019

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RISK FACTORS, RISK MANAGEMENT AND PILLAR III

3.1

Risk factors

101 101 102 103 104 107

3.3

Basel 3 Pillar III disclosures Capital management and capital

157

Credit and counterparty risk

3.3.1

adequacy

157 169

Financial risks

Other regulatory ratios 3.3.2 Breakdown and changes in 3.3.3 risk-weighted assets Encumbered and unencumbered 3.3.4 assets Liquidity requirement coverage ratio 3.3.5

Non-financial risks

Strategic and business risks

172

Risks related to Insurance activities Risk related to holding Natixis securities

202 203 205 206 208

107

Compensation policy 3.3.6

3.2 3.2.1

Risk management

108

3.3.7

Cross-reference table

Organization of Natixis’ internal

Table index 3.3.8

control system

108

Risk governance and management 3.2.2 system Credit and counterparty risks 3.2.3

111 115 127 127 134 139 146 151 153

Securitization transactions 3.2.4

Market risk 3.2.5

Operational risks 3.2.6

3.2.7

Balance sheet management

Compliance risk 3.2.8

Legal risks 3.2.9 Other risks 3.2.10

This chapter includes information on the risk factors set out under Prospectus regulation 3 on the management of risks associated with financial instruments, as well as information on capital management and compliance with the regulatory ratios required under the IFRS framework as adopted in the European Union. Some information in this chapter is an integral part of the notes to Natixis’ consolidated financial statements and consequently falls under the Statutory Auditors’ certification of the consolidated financial statements. This information is identified by the phrase “Data certified by the Statutory Auditors in accordance with IFRS 7”. Natixis is subject to the supervision of regulatory authorities and to the regulatory capital requirements applicable to credit institutions and investment companies, as per Regulation (EU) No 575/2013 of June 26, 2013. Under Pillar III of the Basel Accords, detailed, standardized information on items related to the Basel 3 report and to prudential publications is published in the third part of this chapter.

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2019