The Committee’s risk management duties and responsibilities are to:  oversee the identification, evaluation and implementation of measures to deal with any actual or perceived conflicts of interest  monitor and review management of GDI’s enterprise risks  review the adequacy of GDI’s processes for managing risk  consider any incident involving fraud or other break down of internal controls  review GDI’s insurance programme  monitor and review the effectiveness of GDI’s internal control environment, including the effectiveness of internal control procedures; and  monitor the adequacy and effectiveness of compliance systems in relation to the legal exposures of GDI.