

RISK FACTORS
5
5.1 RISKS RELATED TO THE ECONOMIC ENVIRONMENT 72 5.2 RISKS RELATED TO THE GROUP’S OPERATIONS 73 5.3 LIQUIDITY AND MARKET RISKS 74 5.4 EMPLOYEE-RELATED RISKS 75 5.5 RISKS RELATED TO INFORMATION SYSTEMS 75 5.6 LEGAL, REGULATORY AND TAX RISKS 75 5.7 INDUSTRIAL AND ENVIRONMENTAL RISKS 76 5.8 RISKS RELATED TO ACQUISITIONS 76 5.9 INSURANCE STRATEGY 77ASSYSTEM
REGISTRATION DOCUMENT
2016
71