Matching SOX still necessary

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The decision by a US jury last week to find former HealthSouth chief Richard Scrushy not guilty of breaching the Sarbanes-Oxley (SOX) corporate governance law does not mean UK firms can relax efforts to comply with such rules, experts have warned.

Richard Muirhead, chief of compliance software firm Tideway Systems, said senior managers can still be liable for breaches, and IT has a vital role in minimising potential problems. “For compli...

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