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Sarbanes-Oxley News & Developments
Europe and Canada Weigh Pros and Cons of SOXThe Ontario Securities Commission recently announced significant changes are on the way.
> > Beyond Sarbanes-Oxley - CFIE to host corporate governance symposium in Toronto this September. Competitiveness of Canada on the world market will be debated.
While it seems the storm of corporate scandals in the U.S. has passed, in its wake is a deluge of widespread and controversial regulatory reforms has swept through global capital markets. For the past year, rule makers and market participants have debated the appropriate response to the largest reform of all, the U.S. Sarbanes-Oxley (SOX) Act. SOX has brought all the major markets into the corporate governance fray, and the results of the response will impact the markets for years to come.
The symposium aims to focus on corporate governance as an instrument of national competitiveness. It will respond to the following questions: What will the impact of the new governance landscape be on how competitive companies, nations, and economies can be? How can we improve the openness and growth of capital markets in the face of these reforms and the global challenges corporate governance has highlighted? And, what can market participants do to ensure a forward-looking, productive, transatiantic dialogue on the need to accommodate national differences in market regulation?
The one day event will take place September 8 in downtown Toronto.
Source: Canada NewsWire article
Published:2003-07-17
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