{"id":830,"date":"2009-04-27T07:00:07","date_gmt":"2009-04-27T15:00:07","guid":{"rendered":"http:\/\/www.formtek.com\/blog\/?p=830"},"modified":"2009-04-27T07:00:07","modified_gmt":"2009-04-27T15:00:07","slug":"compliance-bigger-than-sox","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/compliance-bigger-than-sox\/","title":{"rendered":"Compliance: Bigger than SOX"},"content":{"rendered":"

Take cover!\u00a0 More regulations are on the way.\u00a0 Gradually the pendulum had been slowly swinging towards less stringent enforcement of compliance after the shock of the enactment of SOX.\u00a0 As a\u00a0 result of the financial meltdown, regulators are working on stricter enforcement.
\n“I reckon the impact of these new regulations has the potential to be much, much bigger than Sarbanes-Oxley,” says Forrester Research<\/a>. “The push for new regulation will be enormous. When you look at the amount of people affected by Enron and WorldCom, it’s small compared to those affected by the current financial crisis. IT will have to be involved in a big way.”<\/font><\/font><\/p>\n

Expect more regulations around corporate auditing.\u00a0 And expect banks and financial companies to be required to have better process around how they use and evaluate data to make their business decisions.\u00a0 It’s still too early to know the exact nature of the new rules, but it’s not too early to start preparations for compliance.<\/p>\n

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Take cover!\u00a0 More regulations are on the way.\u00a0 Gradually the pendulum had been slowly swinging towards less stringent enforcement of compliance after the shock of the enactment of SOX.\u00a0 As a\u00a0 result of the financial meltdown, regulators are working on…<\/span><\/p>\n

Read more ›<\/a><\/div>\n

<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-830","post","type-post","status-publish","format-standard","hentry","category-compliance"],"_links":{"self":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/830","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/comments?post=830"}],"version-history":[{"count":0,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/830\/revisions"}],"wp:attachment":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/media?parent=830"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/categories?post=830"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/tags?post=830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}