Compliance solutions
Compliance with regulations such as Sarbanes-Oxley and Mifid is putting an increasing burden on energy-trading firms. Roderick Bruce looks at ways of overcoming the latest regulatory hurdles
Corporate governance and the successful management of compliance issues is an ever-growing operational risk for financial institutions and companies, particularly those involved in trading activities. Regulation such as the 2002 US Sarbanes-Oxley Act (SOX), which has dramatically increased awareness of transparency and controls, along with employee accountability, has faced criticism for being too restrictive. Nevertheless, with the EU's Markets in Financial Instruments Directive (Mifid) coming
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