The science of compliance
As the November 15 deadline for SOX Section 404 nears, some banks are trying to see the bigger picture. By Dianne See Morrison
When Sarbanes-Oxley (SOX) was passed in 2002, you could almost hear technology vendors sigh with relief. In the midst of an economic downturn, here was a piece of legislation that practically guaranteed spending in the sector.
Tackling Sarbanes-Oxley with technology makes sense. The legislation, passed in 2002, following the wave of corporate scandals in America, seeks to bring more accountability and rigour to corporate governance. Arranged into 11 sections, the act also includes a number of
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