RepoRt on - BNP Paribas

Accounting
internal control
— every quarter, the financial statements
committee examined the summary
of the control audit points reported
by the group entities in the context
of the certification of their financial
statements.
— it was informed of the integration
in the internal control system of allocation
indicators of accounting
risk levels and of the introduction of
accounting control plan and of the
main disputes, cases of fraud or attempted
fraud.
— in accordance with the requirements
under crfb regulation 97-02,
the financial statements committee
examined the system for the monitoring
of accounting risk and for the assessment
of the accounting internal
control environment.
— it examined the section of the
chairman’s draft report concerning
internal control procedures in connection
with the preparation and processing
of accounting and financial
information and recommended its
approval by the board of directors.
(1) AFEP-MEdEF Corporate Governance Code (point 14.2.2).
Relations with
the group’s statutory
Auditors (1)
— the financial statements committee
received from each of the statutory
auditors a written statement of their
independence vis-à-vis the conduct
of the engagement.
— it was informed by the statutory
auditors of the group’s audit plan.
during its joint meeting with the
internal control, risk management
and compliance committee, it was
provided with an update to this plan
including fortis bank and its main topics
for thought for 2010.
— in the absence of the statutory
auditors, it received notification of
the amount of fees paid to them in
2008. it examined engagements not
directly related to auditing and decided
on the engagements of this
type submitted to it for approval, in
accordance with the group’s internal
procedure. it ensured that the
amount of the fees received by the
statutory auditors was not likely to
compromise their independence.
— it examined the results of the call for
tenders, launched pursuant to the
methodology previously approved
by it, so as to share the audit engagement
assignments of the statutory
auditors of bnP Paribas fortis, bgl
bnP Paribas and of their subsidiaries
between the members of the team
of bnP Paribas statutory auditors and
proposed that this be approved by
the board of directors.
112 <strong>RepoRt</strong> on CoRpoRate SoCial and enviRonmental ReSponSibility