108 FINANCIAL ASSETS THAT ARE PAST DUE OR INDIVIDUALLY IMPAIRED BY TYPE OF ECONOMIC AGENT AT 31/12/2020 Assets with no significant increase in credit risk since initial recognition (Stage 1) Assets with significant increase in credit risk since initial recognition but not impaired (Stage 3) Impaired assets (Stage 3) (in thousands of euros) ≤ 30 days > 30 days to ≤ 90 days impaired (Stage 2) ≤ 30 days > 30 days to ≤ 90 days > 90 days ≤ 30 days > 30 days to ≤ 90 days > 90 days Debt securities Government entities Central banks Credit institutions Large corporations Retail customers Loans and receivables 2,037 Government entities Central banks Credit institutions Large corporations 236 Retail customers 1,801 Total 2,037 3.2 MARKET RISK CFM IndosuezWealth Management’s market risks function, through its Market Activity Monitoring (MAM) unit, is responsible for the entire system for measuring, monitoring and controlling market risks, in order to minimise the business lines’ cost of risk arising frommarket risk. This unit has the dual role of monitoring, validating and explaining results (P&L) and risk indicators for all activities generating market risks.
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