This Government Regulation, which is composed of seven articles and four Annexes, lays down the method of assessment of the risks of environmental damage, assessment criteria for sufficient financial security and detailed conditions of financial security to undertake preventive measures and corrective measures. The competent operator prepares a documented risk assessment of environmental damage for the extent relating to the probability of the given damage and its potential impacts to the environment. Risk assessment of environmental damage should be done separately for each place of business. The present Regulation establishes also obligations for operators registered in EMAS and for operators dealing with harmful substances or hazardous substances.