2012 Registration document and annual financial report - BNP Paribas

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2CORPORATEGOVERNANCEBoard of DirectorsSUMMARY OF R EPORTED T RANSACTIONS ON BNP PARIBAS S TOCKThe following table lists the transactions on BNP Paribas stock carried out in 2012 by the corporate officers and other individuals covered by articleL.621-18-2 of the French Monetary and Financial Code and that must be reported under articles 223–22 to 223-26 of the AMF’s General Regulations.2NameFunctionTransactionscarried outType offinancialinstrumentNature ofthetransactionNumber oftransactionsTotaltransactionamount(in euros)BONNAFÉ Jean-LaurentChief Executive Officer and Director of BNP ParibasPersonallyBNP ParibassharesPurchase of3,629 shares 2 91,423.32BORDENAVE PhilippeChief Operating Officer of BNP ParibasPersonallyBNP ParibassharesPurchase of1,817 shares 1 44,661.86CHODRON DE COURCEL GeorgesChief Operating Officer of BNP ParibasPersonallyBNP ParibassharesPurchase of2,618 shares1 64,350.44Sale of3,000 shares1 112,200.00PLOIX HélèneDirector of BNP ParibasPersonallyBNP ParibassharesPurchase of79 shares1 1,491.82SCHWEITZER LouisDirector of BNP ParibasPersonallyBNP ParibassharesPurchase of732 shares1 17,992.56442012 Registration document and annual financial report - BNP PARIBAS
CORPORATE GOVERNANCEReport of the Chairman of the Board of Directors on the manner of preparation and organisationof the work of the Board and on the internal control procedures implemented by the c ompany22.2 Report of the Chairman of the Board ofDirectors on the manner of preparation andorganisation of the work of the Board and onthe internal control procedures implementedby the c ompany2This report has been prepared in accordance with article L.225-37 of theFrench Commercial Code (Code de Commerce).The information that it contains takes into account, in particular, annex 1of European Commission Regulation (EC) no. 809/2004 of 29 April 2004and AMF Recommendation no. 2012-02 on corporate governance andthe compensation of company Directors referring to the Afep-Medef Code– Consolidated presentation of the recommendations contained in theannual reports of the AMF.In accordance with the provisions of article L.225-37 of the FrenchCommercial Code the corporate governance code referred to byBNP Paribas on a voluntary basis in this report is the corporategovernance code for listed companies published by the French employers’organisations Association Française des Entreprises Privées (Afep) andMouvement des Entreprises de France (Medef). BNP Paribas applies allof the recommendations of that Code.CORPORATE G OVERNANCE AT BNP PARIBAS1. PRINCIPLES OF GOVERNANCEThis report reproduces, in the form of citations or excerpts, all of theprovisions of the Internal Rules of the Board of Directors dealing withits composition and operation, the allocation of work between ExecutiveManagement and the decision-making body, the terms of reference andoperation of the specialised committees, and the conduct of Directorsand non-voting Directors (1) .1.a The terms of reference of the Board ofDirectors■ The Internal Rules adopted by the Board in 1997 define the duties of theBoard and of its specialised committees; they are updated periodicallyto comply with current laws, regulations and market guidelines, andto keep pace with best practice in the area of corporate governance.They include a section dealing with the Conduct of Directors and theirCode of Ethics.■ The specialised committees of the Board of Directors are the FinancialStatements Committee, the Internal Control, Risk Management andCompliance Committee, the Corporate Governance and NominationsCommittee and the Compensation Committee.In creating an Internal Control and Risks Committee distinct from theFinancial Statements Committee, the Board of Directors decided, asearly as 1994, to separate the powers usually devolved to the AuditCommittee. In 2007, the Board extended the terms of reference ofthe Internal Control and Risks Committee to any matter relatingto the policy of compliance and to risks, in particular in relationto reputation or professional ethics. The Internal Control, RiskManagement and Compliance Committee carries out its duties ina way that is independent of and complementary to the FinancialStatements Committee, which is responsible for monitoring mattersrelating to the preparation and auditing of accounting and financialinformation. These two committees meet together twice a year to dealwith issues relating to the risks and provisioning policy of BNP Paribas,to consider the internal and external audit plans, and to prepare thework of the Board on the assessment of risk management policies andmechanisms. They deliberate on the basis of documentation preparedjointly by the Group’s Chief Financial Officer and Head of Group RiskManagement, both of whom attend the meetings of these committees.The composition of these two committees and the work that theydo in their respective fields are intended to satisfy the requirementsof banking and prudential discipline, whether provided by law,contained in provisions defined by the regulator or in rules imposedby BNP Paribas itself to ensure the quality of its internal control andrisk policy.■ An extract from the Internal Rules relating to the terms of reference ofthe Board of Directors and the committees is attached in an appendixto this report.(1) On a proposal from the Chairman and in accordance with the Articles of Association, the Board of Directors can appoint one or two non-voting Directors. Non-voting Directors takepart in meetings of the Board of Directors in a consultative capacity.2012 Registration document and annual financial report - BNP PARIBAS 45
Page 1 and 2: 2012REGISTRATION DOCUMENTAND ANNUAL
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32012REVIEW OF OPERATIONSOutlook3.6
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32012REVIEW OF OPERATIONSLiquidity
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4CONSOLIDATEDFINANCIAL STATEMENTS -
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5RISKSAND CAPITAL ADEQUACY5.6 Count
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5RISKSAND CAPITAL ADEQUACYAnnual ri
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5RISKSAND CAPITAL ADEQUACYSovereign
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5RISKSAND CAPITAL ADEQUACYAppendice
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5RISKSAND CAPITAL ADEQUACYAppendix
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6INFORMATIONON THE PARENT COMPANY F
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7ARESPONSIBLE BANK: INFORMATION ON
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8GENERALINFORMATIONDocuments on dis
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8GENERALINFORMATIONStatutory Audito
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9STATUTORYAUDITORSStatutory Auditor
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10PERSON RESPONSIBLE FOR THE REGIST
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11TABLE OF CONCORDANCEHeadings as l
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HEAD OFFICE16, boulevard des Italie
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2012 Registration document and annual financial report - BNP Paribas

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