Do you have the necessary systems in place to identify and manage threats to your business and maximise opportunities as they arise? Whether you are putting a risk management framework in place for regulatory reasons or to comply with best practice, the benefits of drawing upon our experience are manifold.
How do you know that your outsourced providers have adequate controls in place over the processes undertaken on your behalf? Conversely, how do your clients gain the comfort they need over the controls you operate on their behalf?
The provisions of the Sarbanes-Oxley Act of 2002 are now well established in the US. This Act has implications for almost everyone associated with US public companies, including related companies in Europe. The penalties for violation of sections of this Act include fines reaching into millions of dollars, and even imprisonment. In contrast to the ‘comply or explain’ approach of the Combined Code, Sarbanes-Oxley adopts a stricter ‘comply or else’ line.