Our Risk Management Model
It establishes procedures to identify, analyze, mitigate, quantify and monitor risk in order to influence development and fulfillment of organizational objectives of any nature, including financial, environmental and social objectives. In addition, the Company uses its map of critical processes and risks to draft its annual master plan and internal audit program.
(Español) Nos orientamos a trabajar en un proceso y una política que nos ayuda a revisar y definir controles vinculados con la gestión de riesgos internos. Este proceso observa y está basado en las mejores prácticas y estándares internacionales:
Steps in the risk management process
| fact-finfing | design | construction | implementation | ongoing monitoring | |
|---|---|---|---|---|---|
| activities | Survey Internal audits Process-subprocess mapping | Redefine taxonomy Qualitative and quantitative classification Accounting-process relationship | Risk rating and weighting Process rating and weighting Impact and probability levels | Tool assessment | Ongoing monitoring |
| deliverables | List of risk List of process | Risk Policy Update Risk Methodology Definitive Taxonomy | Process Mapping Risk Mapping Risk-Process Matrix | Risk system | Ongoing monitoring |
Crime prevention
Our Crime Prevention Model consists of ongoing monitoring through controls on processes and/or situations that could pose a risk in terms of the provisions of Law 20,939 (money laundering, terrorism finance and bribery).
Our Crime Prevention Model is evaluated by an independent certification firm, which corroborates compliance with related policies, standards and procedures.