As a dedicated and conscientious employee of Société Générale, I am fully committed to performing my duties at the Toulon branch in a manner that adheres to regulatory compliance standards and mitigates financial risks. To achieve this objective, our bank has implemented several measures, which are as follows: 1. Regulatory Compliance: - Société Générale has a robust compliance function that ensures we meet all applicable regulatory requirements at the Toulon branch. Our compliance team is adequately staffed and equipped with the latest tools and technologies to monitor and mitigate risks effectively. We regularly undergo independent audits to verify our compliance with regulatory standards, including the European Central Bank's Single Supervisory Mechanism (SSM) review process. Our employees receive regular training on regulatory compliance matters to ensure they understand their responsibilities and how to perform their tasks in line with regulatory expectations. Financial Risk Mitigation: - Société Générale employs a rigorous risk management framework that covers all key financial risks, including credit risk, market risk, operational risk, and liquidity risk. Our Toulon branch is fully integrated into this framework, and we follow its procedures and practices diligently. We have established robust controls to monitor our exposures to counterparties, markets, and products, and we have limits in place to mitigate potential losses. These limits are regularly reviewed and adjusted as needed to reflect changing market conditions and business needs. We maintain adequate capital and liquidity buffers to absorb unexpected shocks and meet regulatory requirements. Our Toulon branch is integrated into our bank's overall capital and liquidity management framework, which ensures we have sufficient resources available to manage risks effectively. In terms of news about Bitcoin and its future value, while Société Générale does not offer services related to cryptocurrencies like Bitcoin, we closely monitor developments in this space as they may impact our clients' portfolios and overall financial risk profiles. While it is true that some experts predict that Bitcoin could reach a price of $100,000 by 2025, we caution against making investment decisions based solely on such predictions. Cryptocurrencies are highly volatile and speculative assets that carry significant risks, including the potential for complete loss of invested capital. As such, we advise our clients to consult with their financial advisors before making any decisions related to cryptocurrencies like Bitcoin.