Element 02×Finance and Legal

Finance & Legal in Policies

Policies and Standards

This element holds the financial and legal standards — accounting policies, financial control, sanctions, contract law, tax and regulatory legal requirements.

Policy 2

  • Financial Crime PolicyIn 1 of 3 operator registersCompany-wideAlso in EI PSM · 01 Leadership, commitment and responsibilityNot process safetyNot safety case critical
  • Internal Privacy NoticeIn 1 of 3 operator registersCompany-wideAlso in EI PSM · 02 Identification and compliance with legislation and industry standardsNot process safetyNot safety case critical

Standard 5

  • Tax StrategyIn 1 of 3 operator registersCompany-wideAlso in EI PSM · 02 Identification and compliance with legislation and industry standardsNot process safetyNot safety case critical
  • Standard for Competition and Anti-TrustIn 1 of 3 operator registersCompany-wideAlso in EI PSM · 02 Identification and compliance with legislation and industry standardsNot process safetyNot safety case critical
  • Employee and Business Expenses StandardIn 1 of 3 operator registersCompany-wideAlso in EI PSM · 08 Operating manuals and proceduresNot process safetyNot safety case critical
  • Corporate Credit Card StandardTypical exampleCompany-wideAlso in EI PSM · 08 Operating manuals and proceduresNot process safetyNot safety case critical
  • Investment Decisions Approval StandardIn 1 of 3 operator registersCompany-wideAlso in EI PSM · 12 Management of change and project managementNot process safetyNot safety case critical
"These are the rules that govern how money moves and how the company is contractually and legally bound."
  • →The procedures executing the standards — (Plans and Procedures)E07 Procedures
  • →The execution at period close or contract negotiation — (Execution of Activities)E08 Execution
  • →The audit of compliance — (Assurance, Review and Improvement)E10 Assurance