The Audit Committee is an internal entity, created within BES's Board of Directors by resolution of the same board of 26 October 2001 and brought into the Board of Directors by deliberation of the General Meeting held on 18 December 2006. The Committee currently consists of three independent non-executive members of the Board of Directors. The Audit Committee's functions are essentially of a supervisory nature, having full powers to conduct, contract or authorise investigations within the sphere of its responsibilities.

Click here to access the Auit Committee Regulation.

The Compliance Office has as its mission to ensure compliance by the Bank and its employees of legal and regulatory rules. It is responsible for the application of the Bank's Code of Conduct and for clarifying any questions related with it.

The Global Risk Committee is responsible for submitting to the Executive Committee's approval methodologies, policies, procedures and instruments to deal with all types of risk incurred by BES Group, ensuring coordination between the Global Risk Department's activity and that of the business units and central departments; simultaneously, it must act as a monitoring committee on matters of risk for all projects conducted within the Group, always ensuring that there is an integrated vision of the various categories of risk.

The Credit Risk Monitoring Committee analyses and evaluates a series of elements, such as tThe customers' economic and financial profile, type of credit exposure, warning signals detected in the behavioural profile of customers, and others. The Committee is headed by an officer of the Risk, and composed of one element each of the Commercial, Internal Audit and Credit Recovery Divisions.

The System of control and disclosure of information to the market pursues two fundamental objectives: to link the internal reporting of information to the structures responsible for the disclosure of that information to the market and external reporting of the information and to link the reporting of periodic financial information to the market and the remaining information.

The Internal Audit Department assesses and contributes to the fine-tuning of risk management, internal control and governance processes and through a systematic and disciplined approach assesses the internal control system with a view to reducing general risk conditions.