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OUR BUSINESS
Risk control systems
Mediaset España implemented its Risk Management
System in 2007, drawing on the Enterprise Risk
Management (ERM) guidelines of the Committee of
Sponsoring Organizations of the Treadway Commission
(COSO II), so as to put in place a set of rules and
procedures, and an organisational structure, focused on
healthy, correct business management consistent with
pre-established objectives.
The Risk Management System is designed to identify,
control and manage relevant risks that could affect the
fulfilment of the objectives defined. It also allows the
evaluation of the impact in euros of each risk identified
that could potentially affect the Group companies,
probability of occurrence and level of control in place in
each case.
The Comprehensive Corporate Risk Management Policy
is par t of the Comprehensive Risk Management Systems,
which is based on the observance of the following COSO
II principles:
• Ensure the effectiveness and efficiency of operations.
• Protect the assets owned by the Group.
• Guarantee the reliability and integrity of financial
information.
• Comply with applicable legislation, regulations and
agreements.
• Acquisitions procedure.
• Rights acquisition procedure.
• Acquisition and Sales Committee operating
procedure.
• Contract signing procedure.
• E-mail and Internet usage procedure. Travel
and travel expense procedure.
• Provision of funds procedure.
• Workplace materials request procedure.
Asset return procedure. Tangibles control
procedure.
• Furnishings and sundry materials control
procedure.
• Campaign operational management proce-
dure.
• Customer incident resolution procedure.
• Advertising order processing procedure.
• Mobile device usage procedure.
• Procedure for controlling personal data
stored in non-automated files