SEC considers easing Sarbanes burden


In mid-December, 2004, the Confederation of British Industry (CBI), the UK’s international business lobby, met the SEC in Washington DC to seek compliance relief from the US authorities, and to avoid de-listing in US markets.

"We were concerned about the SEC rule that requires foreign firms with 300 or more American shareholders to register with the SEC, and the cost of Sarbanes-Oxley," says Rhian Chilcott, the CBI’s head of the Washington, DC office.

"At the moment, many European firms with

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.

Investment banks: the future of risk control

This survey report explores the current state of risk controls in investment banks, the challenges of effective engagement across the three lines of defence, and the opportunity to develop a more dynamic approach to first-line risk control

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here