Informe_Anual_Cecabank

24 / 76

Page. 24
02 Corporate governance
Cecabank 2015 Annual Report
Functioning and material events
The Audit Committee is responsible for supervising
the efficiency of the entity’s internal control, internal
auditing and the risk management systems.
Functioning and material events
The Risk Committee is responsible for knowing and
regularly analysing the entity’s liquidity, solvency and
risk position, and informs the Board of Directors of new
regulations in relation to this.
In 2015 the Audit Committee met on five occasions, when
the following issues were addressed, amongst others:
The control function and its annual reports
The internal auditing plan
The external expert report on the prevention of
money-laundering and financing of terrorism
The update of the framework for the organization
and management of criminal risk
The strategic plan for internal auditing
External auditing
The framework for internal hiring and the procedure
for granting powers
In 2015 the Risk Committee met on four occasions, when
the following issues were addressed, amongst others:
The entity’s solvency and risk position
The Self-evaluation of Capital Report (SCR) and the
Prudential Importance Report (PIR)
The exercise of the entity’s stress test
The Recovery Plan
The structuring of the risk function and the review of
the Risk Tolerance Framework
Ms Mª del Mar Sarro Álvarez
Chairwoman
Mr Fco. Javier García Lurueña
Member
Mr Santiago Carbó Valverde
Member
Mr Manuel Azuaga Moreno
Member
Audit
Committee
Mr José Manuel Gómez de Miguel
Chairman
Ms Mª del Mar Sarro Álvarez
Member
Mr José Luis Aguirre Loaso
Member
Mr Joaquín Cánovas Páez
Member
Risk Committee
Audit Committee
Risk Committee
This committee supervises the entity’s internal control, internal auditing and risk management systems.
This committee knows and regularly analyses the entity’s liquidity, solvency and risk position, and informs the Board
of Directors of new regulations in relation to this.