Risk management policy
All Enel Group companies are exposed to certain risks that are managed through the application of systems of identification, measurement, limit of concentration and supervision.
The basic principles defined by Enel Group in establishing its risk management policy include the following:
> Comply with good corporate governance rules.
> Comply strictly with the group’s norms and procedures.
> Each business and corporate area defines:
I. The markets in which it can operate, based on having the sufficient knowledge and abilities to ensure effective risk management
II. Criteria on counterparties
III. Authorized operators
> Each business and corporate area establishes, for each market in which it operates, its position regarding risk, in accordance to the strategy defined.
> All operations of businesses and corporate areas are performed within the limits approved for each case.
> The businesses, corporate areas, business lines, and companies determine the risk management controls necessary to ensure that market transactions are performed according to the policies, rules, and procedures of Enel Generación Chile.