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Enron Mail |
Amr --
I'd like this as well. Jim -----Original Message----- From: =09Shapiro, Richard =20 Sent:=09Friday, August 24, 2001 8:12 AM To:=09Ibrahim, Amr Cc:=09Steffes, James D.; Levy, Alberto; Canovas, Guillermo; Gottfredson, Br= yan Subject:=09RE: New Risk Management Policy- Two Sounds very good. -----Original Message----- From: =09Ibrahim, Amr =20 Sent:=09Friday, August 24, 2001 8:07 AM To:=09Shapiro, Richard Cc:=09Steffes, James D.; Levy, Alberto; Canovas, Guillermo; Gottfredson, Br= yan Subject:=09FW: New Risk Management Policy- Two Rick: I would like to suggest that "Risk Analytics" to provide you with an assess= ment of the "New Risk Management Policy" by the end of the coming week (Aug= ust 31st).=20 I hope that this is fine with you. Brgrds AI -----Original Message----- From: =09Enron Announcements/Corp/Enron@ENRON <mailto:Announcements/Corp/En= ron@ENRON< [mailto:IMCEANOTES-Enron+20Announcements_Corp_Enron+40ENRON@ENRO= N.com] <mailto:[mailto:IMCEANOTES-Enron+20Announcements_Corp_Enron+40ENRON@= ENRON.com]< On Behalf Of Rick Buy- Enron Corp. Chief Risk Officer@ENRON <m= ailto:Officer@ENRON< Sent:=09Friday, August 24, 2001 1:09 AM To:=09All Enron Worldwide@ENRON <mailto:Worldwide@ENRON< Subject:=09New Risk Management Policy Enron Corp. and its subsidiaries (the "Company") are exposed to market, cre= dit, operational and liquidity/funding risks in the normal course of its bu= siness activities. The Enron Corp. Board of Directors approved a new Risk = Management Policy (the "Policy") on August 14, 2001. This Policy establish= es a framework under which the Company's exposure to risks shall be evaluat= ed, managed and controlled, and pursuant to which capital will be allocated= and preserved. The Policy focuses on four major types of risk: (a) market= risk; (b) credit risk; © operational risk and (d) liquidity/funding risk= . These risks shall be managed on a portfolio basis for standard transacti= ons via various market risk limit structures and credit approval processes,= and for non-standard transactions via the Transaction Approval Process and= the Guarantee Approval Process. This Policy provides an overview of vari= ous risk measurement tools and limits to be applied to these risks, and the= roles and responsibilities for the key participants of the risk management= framework. =20 Management and employees are responsible for complying with the risk manage= ment policies and procedures addressed in this Policy, available at <http:/= /home.enron.com/resources<. Following an initial transiton period, various= individuals within the key functions participating in the Company's risk m= anagement framework will be required to sign a Compliance Certificate, an e= xample of which is attached to the Policy as Appendix H. If you have any questions, please contact Cassandra Schultz, cassandra.schu= ltz@enron.com <mailto:cassandra.schultz@enron.com<, 713-853-0429 who will p= ut you in touch with the appropriate Risk Assessment & Control representati= ve. Note: this is a confidential policy, not for distribution to anyone ou= tside of the Company without specific authorization from the Chief Risk Off= icer.
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