Unsurprisingly, the proper treatment and protection of electronic data is central to these new measures as auditing and archiving become paramount. In the wake of scandals such as Enron, corporate-compliance legislation such as Basel II and...
Much of this regulation involves the documentation and auditing of business processes - in essence, data management. The recent rise in the amount of government regulation of corporations, such as Sarbanes-Oxley in the US and Basel II in Europe, is...
If you are engaged by a US subsidiary in the UK, that company will be bound by those compliance rules (which include auditing and security clauses) - and therefore so will you. Other criteria are mostly self-certified but it is about to introduce...
On Monday morning the world will be a more compliant place if Sarbanes-Oxley legislation is effective in forcing US-listed businesses to get their houses in order. Understand more about Sarbanes-Oxley by reading our Cheat Sheet.
The raft of regulations such as Basel II, International Accounting Standards (IAS) and Sarbanes-Oxley (SOX), introduced to prevent another Enron, have been a heavy drain on IT departments both in terms of time and budget.
Section 404 of the Sarbanes-Oxley Act (SOX), which came into effect on 15 November 2004, stipulates that companies trading publicly in the US must have policies and controls in place to secure, document and process information dealing with their...