Prospectus - Notowania

• the guidelines, policies and strategies for real estate risk, risk on financial investments
and business risk;
• plans of intervention in the event of critical aspects highlighted by initial validation
reports and those produced over time;
• the themes regarding Basel II, as with the relative project activities and processes.
The Group Risk Committee also receives periodic information from the competent
committees/functions regarding the following matters:
• reorganisation projects concerning processes on the subject of risks and/or organisational
structures involved in risk management and control activities;
• periodic reporting on risks (portfolio, major exposures, loss loan provision etc., including
reporting provided for by the supervisory authorities (before the relative disclosure).
• reporting on the exceeding of limits;
• corrective action for the balancing of Group risk positions;
• issues approved in Portfolio Risk Committees, such as "special” risk guidelines and
policies (e.g. for portfolio, operational, product risks etc.);
• rating systems, initial validation report and reports produced over time, potential action
plans, rules for the rating assignment process, information technology requirements and
in terms of data quality;
• internal models for risk evaluation, both for the purposes of the calculation of economic
capital and for stress testing activities, for the risks provided for in the Basel II (first
pillar) regulations (credit risk, including concentration and securitisation risks, market
risks and operational risks) and in Basel II (second pillar) regulations (strategic and real
estate risk, risk on financial investments, business risk, reputational risk and liquidity
risk), as well as the relative initial validation reports and those produced over time;
• matters discussed within the Portfolio Risk Committee domain as well as those approved
by the latter;
• matters relating to risks discussed within the domain of the Parent company’s business
segment committees.
The Group Risk Committee is composed of the following members: Managing Director
(Chairman of the Committee), Deputy CEOs, Chief Risk Officer (chairs the Committee in the
absence of the Managing Director), Chief Financial Officer, the Legal & Compliance manager,
the manager of the CEE Divisionalisation Program and the Human Resources manager. The
Manager of UniCredit’s Internal Audit Department also participates in the Group Risk
Committee as auditor with voting rights.
Supervision of risks at UniCredit Group level (principally credit, market and operational risk
and integration of said risks) is carried out by UniCredit's Risk Management department
(“CRO”), which is assigned the responsibility of:
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