Latin America cherry-picks from Sarbanes-Oxley


LATIN AMERICA - As the world continues to struggle with Sarbanes-Oxley (Sox), much of Latin America has adopted an approach of self-regulation and disclosure. Mexico and Brazil, the two biggest markets in the region, work within this structure although Mexico has been moving to implement piecemeal compulsory regulations.

Many Latin financial services firms see New York as the natural place to list shares, because of the market's liquidity and the key role of US investors in their markets, but hav