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<table border="0" cellpadding="3" cellspacing="1" width="100%" class="forumline"> <tr> <th class="thCornerL" width="22%" height="26">Author</th> <th class="thCornerR">Message</th> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>ekmcflye5t</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="http://picsrv.fora.pl/Aeolus/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Sat 19:32, 26 Oct 2013<span class="gen"> </span> Post subject: barbour The confidential</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody">**NOTE** - has claimed original rights on the article "Sarbanes Oxley in Europe: The EU Data Protection Directive vs. Sarbanes Oxley Whistleblower Protection" ... if there is a dispute on the originality of this article ... please contact us via our and supply our staff with the appropriate details of dispute (ie ). <br />Keywords: , , , <br />George Lekatis is a [url=http://www.casa-polis.com/barbour-paris.html]barbour[/url] senior risk and compliance consultant and trainer.www.compliance-llc.com <br />References: <br />About the Author: <br />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 [url=http://t.zzfamily.com/?p=182#comment-181365]How to Increase Your Copywriting Success - written by Chris Marlow[/url] 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 [url=http://www.fibmilano.it]woolrich[/url] capitalization of [url=http://www.giuseppezanottipaschere.com]giuseppe zanotti soldes[/url] companies quoted on the exchange. <br />EU Data Protection Directive <br />What is personal [url=http://www2u.biglobe.ne.jp/~tk1054/yybbs/yybbs.cgi]jimmy choo in a matter of da[/url] 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. 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[url=http://www.mxitcms.com/abercrombie/]abercrombie milano[/url] Public company audit committees: Each audit committee shall establish procedures for: <br />(A) The receipt, retention, and treatment of complaints received by the issuer regarding accounting, internal [url=http://www.teatrodeoro.com/hollisterde.php]hollister online shop[/url] accounting controls, or auditing matters; and <br />(B) The confidential, anonymous submission by employees of the issuer of concerns regarding questionable accounting or auditing matters <br />The [url=http://www.jeremyparendt.com/jimmy-choo.php]jimmy choo[/url] challenge <br />How a US company with offices throughout the EU can comply with the notice and choice principles of EU [url=http://www.agentparadise.com]woolrich sito ufficiale[/url] Data Protection laws while simultaneously complying with the whistle blower requirements under Sarbanes Oxley? <br />How can we have both: <br />1. A Sarbanes Oxley hotline reporting service for employees to use anonymously, and <br />2. A Data Protection control: Data subjects must learn, rectify, erase or block incorrect data about them. <br />The problems <br />On 14 June 2005 the French Data Protection Authority refused to authorize the use of anonymous whistleblower hotlines. The French Authority's view was that such hotlines are "disproportionate to the objectives sought and the risks of slanderous denunciations and the stigmatization of employees who were the subjects of an ethics alert." <br />In a similar decision a German labor court ruled that parts of an employee code of conduct inviting [url=http://www.thehygienerevolution.com/hollister.php]hollister[/url] employees to report misconduct to a whistleblowers hotline breached German labor law. <br />Early indications from the UK Information Commissioners Office (ICO) are that they would decline to follow the French and German approach. In contrast to the French and German decisions, the ICO's view is that the appropriate use of such helpline by organizations would not, in principle, raise data protection [url=http://www.ktbruce.co.uk/mulberrysale.php]mulberry sale[/url] concerns. <br />However, where organizations misuse such anonymous hotlines for inappropriate information gathering purposes there may be data protection implications. <br />Recommendations <br />Companies that are publicly traded in the United States and also have operations in the European Union must be very careful with the [url=http://www.ktbruce.co.uk/barbourjackets.php]barbour[/url] whistleblower provisions of the U.S. Sarbanes-Oxley Act of 2002. <br />First of all, before implementing Sarbanes Oxley hotline reporting services, companies need to ask for permission from the local Data Protection Authority. <br />Complaints must be processed inside the European Union. Companies need to establish local investigation procedures. The suspected person would be given the [url=http://www.sandvikfw.net/shopuk.php]hollister outlet[/url] opportunity to comment within two days. In the event that the investigation shows that the allegations were unfounded, the data must be deleted within two days of the case closure. If the allegations are determined to be well-founded, then the file would be kept for one to five years after the case was [url=http://www.gmsvelo.com/?p=351#comment-50005]Solution To Buy Second Hand Mobiles Cheaply - written by Bobbie Barber[/url] closed (depending on management level). <br />Can EU really protect employees from the whistleblower provisions? <br />No. If a U.S. public company lists on its website or intranet site that it has a telephone number or email address where anonymous complaints can be received, even if that site is not addressed to or publicized in EU, an employee in Europe may still go to the site and file an anonymous complaint. <br />George Lekatis, general manager of Compliance LLC (www.compliance-llc.com) is a senior risk and compliance consultant and trainer. <br />(c) <br />Article Source: uPublish.info <br />Category: <br />George Lekatis Article Feed : <br />Sarbanes Oxley in [url=http://www.davidhabchy.com]barbour factory shop[/url] Europe: The EU Data Protection Directive vs. Sarbanes Oxley Whistleblower ProtectionArticle Summary: How a US company with offices throughout the EU can comply with the notice and choice principles of EU Data Protection laws while simultaneously complying with the whistle blower requirements under Sarbanes Oxley?</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="http://picsrv.fora.pl/Aeolus/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> </table>
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