BP » Topics » Treasury and trading activities

These excerpts taken from the BP 6-K filed Jul 28, 2009.

Treasury and trading activities

In the normal course of business, we are subject to operational risk around our treasury and trading activities. Control of these activities is highly dependent on our ability to process, manage and monitor a large number of complex transactions across many markets and currencies. Shortcomings or failures in our systems, risk management methodology, internal control processes or people could lead to disruption of our business, financial loss, regulatory intervention or damage to our reputation.
 
 

Treasury and trading
activities




In the normal course of business, we are
subject to operational risk around our treasury and trading activities. Control of these
activities is highly dependent on our ability to process, manage and monitor a large number
of complex transactions across many markets and currencies. Shortcomings or failures in our
systems, risk management methodology, internal control processes or people could lead to
disruption of our business, financial loss, regulatory intervention or damage to our
reputation.


 

 




EXCERPTS ON THIS PAGE:

6-K (2 sections)
Jul 28, 2009
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