Annual And Corporate Responsibility Report 2017

As the system is Group-wide in scope, the rest of Group units are also involved in its operation, as shown in the following diagram. Compliance Units Heads of control and oversight Finance Department ICFR Legal Affairs Compliance controls Internal Audit Reports to the committee Regulatory Compliance Department Chairs the Regulatory Compliance Committee* Regulatory Compliance Committee Monitoring Code of conduct Whistleblowing channel Internal Regulations on the Securities Market Compliance Officer for Crime Implements and monitors the Crime Prevention Model Reporting Guidance *Pedro Ramón y Cajal is the current chairman of the Regulatory Compliance Committee. He is both independent and non-executive and has been granted the broadest decision-making authority. BOARD OF DIRECTORS Approves the Risk Management Policy AUDIT AND CONTROL COMMITTEE Oversees the proper functioning of the model Reports to the Board REGULATORY COMPLIANCE COMMITTEE INTERNAL AUDIT AND PROCESS CONTROL Reports to the Audit and Control Committee SAP GRC 6. GOVERNANCE AND DECISION-MAKING PROCESSES  | 97 | ATRESMEDIA  |  ANNUAL AND CORPORATE RESPONSIBILITY REPORT 2017