Tuesday, November 20, 2007

Sarbanes Oxley in Europe: The EU Data Protection Directive vs. Sarbanes Oxley Whistleblower Protection

The Sarbanes-Oxley Act of 2002, adopted as a reaction to corporate scandals, has a significant impact on European companies. The reason is simple: Hundreds of European-headquartered companies are dually listed on two stock exchanges, one in Europe and the other in the United States. 470 non-US companies are listed on the New York Stock Exchange, with a combined market capitalization of $3.8 trillion, 30 per cent of the total value of capitalization of companies quoted on the exchange.

EU Data Protection Directive
What is personal data (according to EU)? Personal data can be any information relating to an identified or identifiable natural person (directly or indirectly): Name, telephone number, photos. Data specific to his physical, physiological, mental View the rest of this article


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