doorstep meeting - additional action steps the missing attachment ! ! ! ! ! !
please note that these are the controls primarily associated with the middle
office .
- - - - - - - - - - - - - - - - - - - - - - forwarded by mike jordan / lon / ect on 15 / 06 / 2000 13 : 40
- - - - - - - - - - - - - - - - - - - - - - - - - - -
mike jordan
15 / 06 / 2000 13 : 34
to : john sherriff / lon / ect @ ect , steve w young / lon / ect @ ect , fernley
dyson / lon / ect @ ect , brent a price / hou / ect @ ect
cc : ted murphy / hou / ect @ ect
subject : doorstep meeting - additional action steps
from our meeting yesterday i noted the following additional action steps (
not recorded within report )
immediate
define a summary of fundamental controls on one page - that can be reviewed
on a cross functional basis ( commercial , commercial support and rac - the
execute , control and review functions ) - timetable
draft summary schedule - done
separately get business controllers and rac management to rate each business
by control point ( red , amber or green ) by next thursday and arrange joint
meetings with commercial on businesses that have a poor assessment or
significantly different assessments - action mike jordan and steve young
others as soon as possible
follow up on status of investment required for weather business in oslo -
action mike jordan
investigate reporting of trades not captured on trade date within dpr on a
daily basis - action mike jordan
establish accountability for existing process for creating authorised trader
list - action steve young
change process for publishing authorisation list - placing it on commercial
bulleting board - and reference location within dpr - action mike jordan
generate an update of status re master isda - action steve young and
investigate possibility of flagging this status within gcp - action mike
jordan
determine current eol straight through process rate ( stp ) across bridges to
risk management systems - action mike jordan
define summary information on coal / p & p etc businesses for inclusion in dpr
for supervisory review by john
regards
mike
doorstep meeting - additional action steps
the missing attachment ! ! ! ! ! !
please note that these are the controls primarily associated with the middle
office .
- - - - - - - - - - - - - - - - - - - - - - forwarded by mike jordan / lon / ect on 15 / 06 / 2000 13 : 40
- - - - - - - - - - - - - - - - - - - - - - - - - - -
mike jordan
15 / 06 / 2000 13 : 34
to : john sherriff / lon / ect @ ect , steve w young / lon / ect @ ect , fernley
dyson / lon / ect @ ect , brent a price / hou / ect @ ect
cc : ted murphy / hou / ect @ ect
subject : doorstep meeting - additional action steps
from our meeting yesterday i noted the following additional action steps (
not recorded within report )
immediate
define a summary of fundamental controls on one page - that can be reviewed
on a cross functional basis ( commercial , commercial support and rac - the
execute , control and review functions ) - timetable
draft summary schedule - done
separately get business controllers and rac management to rate each business
by control point ( red , amber or green ) by next thursday and arrange joint
meetings with commercial on businesses that have a poor assessment or
significantly different assessments - action mike jordan and steve young
others as soon as possible
follow up on status of investment required for weather business in oslo -
action mike jordan
investigate reporting of trades not captured on trade date within dpr on a
daily basis - action mike jordan
establish accountability for existing process for creating authorised trader
list - action steve young
change process for publishing authorisation list - placing it on commercial
bulleting board - and reference location within dpr - action mike jordan
generate an update of status re master isda - action steve young and
investigate possibility of flagging this status within gcp - action mike
jordan
determine current eol straight through process rate ( stp ) across bridges to
risk management systems - action mike jordan
define summary information on coal / p & p etc businesses for inclusion in dpr
for supervisory review by john
regards
mike