Since current regulations do not specify the operating approaches and tools to be used to assure effective mitigation of financial risks and, normally, reference is made to in ternational best practices, the Group has adopted a modus operandi structured as follows: a) Identification and assessment of the risks applicable to financial reporting; b) Identification of controls for risks iden tified both at Group level and at process level; c) Evaluation of controls and management of the monitoring process in terms both of design and of operations and effec tiveness, with the aim of reducing risks to a level considered “acceptable” (in formation flows, management of “gap”, remedial action plans, and reporting system, etc.).