Corporate Governance 	Rules of Governance applied by the Company 	Governance Structure of the Organisation 	General Shareholders’ Meeting 	Board of Directors 	Main Developments 	Audit Committee 	Corporate Governance and Responsibility Committee 	Self-evaluation of the Board 	Remuneration Policy of the Board of Directorsand of the Senior Management 	Senior Management 	Board Members Portal 	Conflicts of Interests 	Risk Management 	Management Approach 	Main Risks of the Red Eléctrica Group 	Risk of Fraud and Corruption 	Key impacts and actions regarding operational risks 	Actions carried out in 2011 	Materialised Risks in 2011 	Improvements in the ComprehensiveRisk Management System during 2011 	Challenges 2011-2013 	3.