More specifically, the Internal Control Sys tem covers a series of activities necessary to assure the healthy survival of the Group, namely activities to: support achievement of strategic and operating objectives (i.e. of business effectiveness and efficiency and safe guarding of corporate assets); prevent or limit the consequences of unexpected events by means of ap propriate strategies to identify and manage risks/opportunities; check that levels of risk set during planning and policy-making have not been exceeded; assure compliance with applicable leg islation and regulations; sure control of proper and transparent internal disclosure and vis-à-vis third parties.