Do you have up-to-date policy documents governing your activities ?
Do traders have agreed mandates and risk limits ?
Are roles and responsibilities clearly defined and agreed ?
Do you have a hedging policy that is aligned with your risk appetite, and objectives ?
Are all policies formalised and documented ?
If you are lacking in any of these areas, then your Senior Management may find themselves personally responsible for future problems.
We can review these very important aspects of your business, to ensure compliance with best practice.