Message-ID: <13402209.1075862193135.JavaMail.evans@thyme> Date: Mon, 19 Nov 2001 13:14:12 -0800 (PST) From: k..heathman@enron.com To: rick.buy@enron.com Subject: FW: RE: Risk Management Policy Mandatory Certification Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: quoted-printable X-From: Heathman, Karen K. X-To: Buy, Rick X-cc: X-bcc: X-Folder: \RBUY (Non-Privileged)\Buy, Rick\Inbox X-Origin: Buy-R X-FileName: RBUY (Non-Privileged).pst IT is having major problems with the link and are working on the problem. = All messages were supposed to go to a mailbox, not to you. Karen -----Original Message-----=20 From: Schultz, Cassandra=20 Sent: Mon 11/19/2001 11:04 AM=20 To: Brooks, Robert=20 Cc: Lowry, Donna; Heathman, Karen K.=20 Subject: FW: RE: Risk Management Policy Mandatory Certification You are correct, the link to the policy appears not to be working.=20 You may access the policy via our home.enron.com intranet page,=20 "Information and Services"=20 ---> Enron Policies=20 ---> Risk Management Policy=20 Regards,=20 Cassandra Schultz, on behalf of Donna Lowry, RAC Compliance=20 -----Original Message-----=20 From: Buy, Rick=20 Sent: Monday, November 19, 2001 10:48 AM=20 To: Schultz, Cassandra=20 Subject: Fw: RE: Risk Management Policy Mandatory Certification=20 Fyi rick=20 Rick Buy=20 --------------------------=20 Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)=20 -----Original Message-----=20 From: Brooks, Robert =20 To: Buy, Rick =20 Sent: Mon Nov 19 07:55:46 2001=20 Subject: RE: Risk Management Policy Mandatory Certification=20 Rick,=20 I have tried to access the web site and not been successful. It states that= the page cannot be found and to try the policies page, and for this I am a= dvised that I do have right of access. I will try to access again shortly, however since this email was sent high = priority I wanted to let you know of the difficulty. Is there another way = of accessing the page? Thanks=20 Robert Brooks=20 -----Original Message-----=20 From: Buy, Rick=20 Sent: 17 November 2001 04:32=20 To: Brooks, Robert=20 Subject: Risk Management Policy Mandatory Certification=20 Importance: High=20 Dear Robert Brooks:=20 For Policy: Risk Management Policy, Amended October 9, 2001=20 Subject: Risk Management Policy Mandatory Certification=20 On August 14, 2001, the Board of Directors of Enron Corp. (the "Board") app= roved a new and revised Enron Risk Management Policy (the "Policy"). The B= oard amended the Policy on October 9, 2001. The Policy covers Enron Corp. = and its subsidiaries (the "Company") and focuses on procedures for managing= the Company's exposure to risk as encountered in the normal course of busi= ness. This Policy establishes a framework under which the Company's exposu= re to risk will be evaluated, managed and controlled and pursuant to which = capital will be allocated and preserved. The Policy also focuses on four m= ajor types of risk: (a) market risk; (b) credit risk; (c) operational risk = and (d) liquidity/funding risk. These risks will be managed on a portfolio= basis with standard transactions being subject to various market risk limi= t structures and credit approval processes and non-standard transactions be= ing subject to the Transaction Approval Process and the Guarantee Approval = Process. Finally, the Policy provides an overview of the various risk mea= surement tools and limits that will be applied to risk, and the roles and r= esponsibilities of both key participants and normal employees in the risk m= anagement framework. =20 All managers and relevant employees of the Company are responsible for comp= lying with the risk management policies and procedures addressed in the Pol= icy and are required to sign a Compliance Certificate indicating their unde= rstanding of and compliance with the Policy. =20 =20 Rick Buy=20 Chief Risk Officer=20 Risk Assessment and Control=20 =20