Fyi rick
Rick Buy
--------------------------
Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)


-----Original Message-----
From: Brooks, Robert <robert.brooks@enron.com>
To: Buy, Rick <Rick.Buy@ENRON.com>
Sent: Mon Nov 19 07:55:46 2001
Subject: RE: Risk Management Policy Mandatory Certification

Rick,

I have tried to access the web site and not been successful. It states that the page cannot be found and to try the policies page, and for this I am advised that I do have right of access.

I will try to access again shortly, however since this email was sent high priority I wanted to let  you know of the difficulty. Is there another way of accessing the page?

Thanks

Robert Brooks

-----Original Message-----
From: Buy, Rick 
Sent: 17 November 2001 04:32
To: Brooks, Robert
Subject: Risk Management Policy Mandatory Certification
Importance: High


Dear Robert Brooks:


For Policy: Risk Management Policy, Amended October 9, 2001

Subject: Risk Management Policy Mandatory Certification

On August 14, 2001, the Board of Directors of Enron Corp. (the "Board") approved a new and revised Enron Risk Management Policy (the "Policy").  The Board amended the Policy on October 9, 2001.  The Policy covers Enron Corp. and its subsidiaries (the "Company") and focuses on procedures for managing the Company's exposure to risk as encountered in the normal course of business.  This Policy establishes a framework under which the Company's exposure to risk will be evaluated, managed and controlled and pursuant to which capital will be allocated and preserved.  The Policy also focuses on four major types of risk: (a) market risk; (b) credit risk; (c) operational risk and (d) liquidity/funding risk.  These risks will be managed on a portfolio basis with standard transactions being subject to various market risk limit structures and credit approval processes and non-standard transactions being subject to the Transaction Approval Process and the Guarantee Approval Process.   Finally, the Policy provides an overview of the various risk measurement tools and limits that will be applied to risk, and the roles and responsibilities of both key participants and normal employees in the risk management framework.  

All managers and relevant employees of the Company are responsible for complying with the risk management policies and procedures addressed in the Policy and are required to sign a Compliance Certificate indicating their understanding of and compliance with the Policy.  
	
Rick Buy
Chief Risk Officer
Risk Assessment and Control




http://policies.corp.enron.com/Risk%20Management%20Policy%20Amended%20October%209%202001.asp?PID=00090640&ID=4