An Internal Control System for Financial Reporting is a process designed to provide reasonable assurance regarding the reliability of the financial reporting, in accordance with the applicable financial reporting regulatory framework, and includes those policies and procedures that: (i) allow maintenance in a precise manner, with a reasonable level of detail, of entries reflecting the transactions entered into; (ii) provide reasonable assurance that the transactions are entered in an appropriate manner to allow preparation of the financial reporting, in accordance with the applicable financial reporting regulatory framework and that they are entered into only in accordance with the established authorisations; and (iii) provide reasonable assurance regarding the prevention or timely discovery of unauthorised acquisition, use or sale of Group assets that could have a material effect in the financial reporting.