2.1 Organisational requirements

Extract from the European Commission's request for advice:

"EIOPA and ESMA are invited to provide technical advices on corporate governance mechanisms within the organisation of the financial market participants and investment and insurance advisors, including, where relevant, but not limited to:

- The tasks and the role of the risk-management function or procedures for risk assessment, the compliance function, the internal control function or system, the internal audit function and/or the actuarial function in the system of governance and tasks or responsibilities of bodies that undertake the management and supervisory functions in the corporate governance in relation to sustainability risk limits and overseeing their implementation;

- steps of procedures and processes to ensure the effectiveness and adequacy of sustainability risk integration;

- skill, expertise and knowledge required for the assessment of sustainability risks;

- regular reviews of the mechanisms put in place to