Sox First

Compliance officers are cashing in on the ever-growing pile of laws and regulations confronting companies around the world. Some are now earning well into the seven figures, reports Michael Grebb at …

Is fair disclosure the same as full disclosure?It's an important question in the wake of the subprime mortgage crisis where investors clearly were not given sufficient information. Louis Thompson…

Plenty has been said about the growth of compliance costs. Now we have further evidence that compliance spending is rising faster than net income for financial institutions, according to the latest s…

Société Générale has posted a massive fourth-quarter loss after maverick trader Jérôme Kerviel blew $7.2 billion in unauthorized trades but the bank seems to doing its best not to shoulder any of the…

Had a chat this week with Brett Curran, vice president of GRC and privacy practices at Axentis. He was in Texas, I was in Melbourne, Australia. But it was a great session. We talked about all the iss…

At the beginning of this month, I did a blog entry on how foreign companies are now getting caught out in the increase in Foreign Corrupt Practices Act enforcement actions brought by the Department o…

Despite Sarbanes-Oxley and the UK Combined Code, most corporate boards remain clueless about setting up the proper governance of their information technology systems.A survey, reported here, has foun…

Last year, former Morgan Stanley chairman Sir David Walker issued a report that put greater onus on private equity funds in Britain to provide more details of the financial performance of companies t…

Earlier this year, I did an entry looking at how the virtual world of Massively-Multiplayer Online Role-Playing Games needs regulation. Obviously police are waking up to this with revelations about t…

The Government Accountability Office has once more canned the Internal Revenue Service for its sloppy internal controls, legacy systems and dodgy Information Security.In its report, the GAO said the …