Annual And Corporate Responsibility Report 2017

The Compliance System has the following dimensions: • Laws and regulations applicable to Atresmedia, both specifically to the sectors in which it operates and generally to all companies. • Compliance risks: the GRC system identifies and assesses compliance risks in connection with all laws and regulations applicable to Atresmedia. • Compliance risk controls: a range of specific controls are in place to mitigate identified compliance risks, in addition to general controls. Specific controls are regularly assessed by the designated officer responsible for each control. The elements of the Atresmedia Compliance Model are classified into three categories: Element type Element Function Officer in charge 1. Organisational and functional Regulatory Compliance Committee (RCC) Collegial body with overall responsibility for managing the Compliance Model and for construing and applying the Code of Conduct. In partnership with the Internal Audit and Process Control Department, the Committee implements and enforces internal control measures that detect, prevent and avoid criminal offences and breaches of civil, commercial, administrative or tax law. Audit and Control Committee Chief Compliance Officer Chairs the Committee Entirely independent from the authority of the management structure of the Atresmedia Group Compliance Officer for Crime Prevention The officer assuming direct and specific responsibility for activities relating to criminal liability, and thus directly responsible for effective and complete application of the Model Acts on his or her own initiative and independently, reporting exclusively to the Compliance Committee and the Audit and Control Committee Audit and Control Committee Review of effective compliance with the Group’s policies Board of Directors 6. GOVERNANCE AND DECISION-MAKING PROCESSES  | 103 | ATRESMEDIA  |  ANNUAL AND CORPORATE RESPONSIBILITY REPORT 2017