Message-ID: <25648136.1075862193324.JavaMail.evans@thyme> Date: Tue, 20 Nov 2001 01:13:37 -0800 (PST) From: cassandra.chinkin@enron.com To: rick.buy@enron.com Subject: RE: Risk Management Policy Mandatory Certification Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: quoted-printable X-From: Chinkin, Cassandra 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 I'm not quite sure what I am meant to do with this, I can't seem to access = the link provided. Regards, Cassandra=20 -----Original Message----- From: Buy, Rick=20 Sent: 17 November 2001 04:33 To: Chinkin, Cassandra Subject: Risk Management Policy Mandatory Certification Importance: High Dear Cassandra Chinkin: For Policy: Risk Management Policy, Amended October 9, 2001 Subject: Risk Management Policy Mandatory Certification 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 =09 Rick Buy Chief Risk Officer Risk Assessment and Control http://policies.corp.enron.com/Risk%20Management%20Policy%20Amended%20Octob= er%209%202001.asp?PID=3D00093014&ID=3D4