Thank you for sharing!

Your article was successfully shared with the contacts you provided.

On Friday, BP agreed to pay a $4 billion penalty to settle criminal charges related to the Deepwater Horizon oil spill in the Gulf of Mexico in 2010, which killed 11 workers and sent millions of barrels of oil into the Gulf. An article in the Australian Finance Review argues that the fine should spur companies to reassess their companies’ risk management procedures and culture.

Treasury and Risk

Treasury and Risk Staff Writers

More from this author

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.