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Enron Mail |
What about distinguishing approval for ref credits vs counterparties, and
approval to buy vs sell ? Tomas Valnek 27-04-2000 12:03 PM To: Debbie R Brackett/HOU/ECT@ECT, William S Bradford/HOU/ECT@ECT, Rod Nelson/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT cc: Stuart Ffoulkes/LON/ECT@ECT, Paul Simons/LON/ECT@ECT Subject: Electronic Approval Finally, the electronic approval system is close at hand. The original intention was to manage it within Livelink. However, this platform does not seem to provide a workflow that is smooth and user friendly enough, and consequently we may go for a Word document only instead. (Under this latter arrangement, we would place a template on a shared drive that all concerned parties could access.) Whether we go for Livelink or a Word document only, we will need to create a template with information about the reference entity. My initial thought is that we would have three main fields: One information field about the entity, one field for Credit an one field for Legal. The suggested information to input would be the following: Information field about the entity: Name; Name of ultimate parent; Country of incorporation and operation; Name of originator making the request; Date of request; Comments field. Credit: Approval/Rejection tick box, Comments field; Credit ratings (public and Enron); Tenor and mark-to-market limits; Name of person handling the request. Legal: Approval/Rejection tick box, Comments field; Name of person handling the request. Could you please let me know you need if you feel that the provided information is sufficient and let me have your comments. Also, I understand that Debbie, Bill and Rod handle the Credit approval. (Please confirm!) However, Mark you are the only one from Legal. Could you please be kind and forward me the names of some of your colleagues that could handle the approvals should you be absent. (Do European reference credits get approved by London or Houston credit?) Many thanks Tomas
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