Department · IOGP 510
Finance and Legal
Scope
Financial control, statutory and regulatory compliance, legal advice, tax, treasury, JV financial governance, and corporate-level standards (sanctions, modern slavery, anti-bribery). The function that ensures the organisation is solvent, compliant and lawful — and that its commercial decisions can be defended.
The reframing
"The trap is to read Finance & Legal as 'corporate overhead' rather than as a part of the management system. Financial controls are risk controls. Legal frameworks are standards. Sanctions screening is a compliance assurance act. Once Finance & Legal is mapped against the framework, the boundary between 'the management system' and 'corporate' starts to dissolve — which is the right outcome."
Footprint across the framework
E01
Commitment and Accountability
4 documents: Anti-Bribery and Corruption Policy · Speak Up Policy · Delegation of Authority Standard · Annual Business Plan and Budget Process
4 docs →
E02
Policies and Standards
5 documents: Data Protection Policy · Financial Controls Framework · Tax Strategy · Competition Law Compliance Standard …
5 docs →
E04
Stakeholders and Customers
2 documents: Contract Review and Legal Approval Procedure · Regulatory Correspondence and Notices Procedure
2 docs →
E05
Risk Assessment and Control
4 documents: Investment Approval Standard · Enterprise Risk Management Standard · Capital Project Cost Estimating Procedure · Insurance and Loss Prevention Survey Procedure
4 docs →
E08
Execution of Activities
2 documents: Expenses Standard · Payment Processing Procedure
2 docs →
E10
Assurance, Review and Improvement
1 document: Internal Audit Charter
1 docs →
Where Finance & Legal pivots into other departments
→ CommercialSanctions, payment terms, supplier financial assurance
→ HR / PeopleEmployment law, payroll controls