Things to Know About WeChat Trading and Compliance
                     THINGS TO KNOW ABOUT 
WECHAT TRADING AND 
COMPLIANCE
THINGS TO KNOW ABOUT WECHAT 
TRADING AND COMPLIANCE
•Not long ago, British Petroleum terminated 4 trading as well as operation staff who dealt with Chinese 
crude oil sales because of an internal investigation into trades with Singapore’s Hontop Energy.  3 people 
that were familiar with the matter cited the improper use of the WeChat messaging platform as a tool for 
commercial discussions with counterparties as one of the factors that led to that termination. As a 
business person or company owner, you need to keep in mind that WeChat compliance is a critical issue 
for financial and other firms across the European continent.
•British Petroleum said that it usually does not comment on personnel matters or on its WeChat use 
policy. WeChat trading is not allowed by most companies, even though it is not clear if British 
Petroleum’s communication policy has anything on WeChat trading or on the official use of WeChat for 
communication. But it is true that financial service firms and other major companies take WeChat 
compliance seriously and have put in place strict policies on the use of WeChat for business 
communication. Both WeChat recording and WeChat archiving are also mandated by various regulations.
THINGS TO KNOW ABOUT WECHAT 
TRADING AND COMPLIANCE
•People said that the decision was made in the first week of October. The staffs were force to go on 
leave during early July, while British Petroleum was conducting the investigation. It is said that the 
staffs worked in crude trading and operations roles in Singapore and Shanghai.
•Business firms need to educate their employees on their WeChat compliance policies as well as on 
how various regulations make it mandatory for firms to do WeChat recording as well we WeChat 
archiving. Any violations of these regulations could mean fines, suspension or civil liability. But it 
is very possible to use the mobile app and desktop versions of WeChat by following WeChat 
compliance policies. When you us applications to monitor, capture and archive WeChat 
communication in your company, you can allow your traders to continue using WeChat for 
conducting genuine trading practices.
•For more information on WeChat Trading and compliance, visit our website at 
https://www.telemessage.com/
THINGS TO KNOW ABOUT 
WECHAT TRADING AND 
COMPLIANCE