These Procurement norms cover the Procurement process, i.e. the steps going from the internal needs analysis to the selection of the supplier and the contract. The main spend categories are IT (hardware, software and IT services), professional services, facilities management, real estate and travel.

In 2016, BNP Paribas has initiated a Know Your Supplier process that covers financial security controls on suppliers.

These controls measure regulatory compliance of suppliers in terms of sanctions and embargoes, money laundering and financial crime related issues. The intention is to include also progressively controls relating to Corporate Social Responsibility (“CSR”) criteria.

No mention of audits or on-site visits in statement