Close

Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.

Get updates on Compliance Week offerings, including new features, databases, research, and other resources, along with announcements of upcoming Webcasts, conferences, seminars, CPE/CLE opportunities and more.

Published every Thursday, Compliance Week Europe offers a condensed summary of risk, audit, and compliance news either originating in Europe, or of special interest to European compliance professionals. This newsletter will follow developments by the European Commission, as well as those of national governments across the region, or any U.S.-based news that might have consequence across the Atlantic. Frequency: weekly; Thursday a.m.

A fresh edition of Compliance Week delivered via e-mail and online every Tuesday morning, relentlessly focused on the disclosure, reporting and compliance requirements of our 25,000+ paying subscribers.

Published every Friday, Compliance Weekend was launched at the behest of subscribers, and offers a quick Plain English review of the week's key developments. We hope you enjoy this supplement to Compliance Week's Tuesday edition.

×

Status message

Start your free, no obligation 10-day trial to continue exploring with full access.

A New Framework For US-EU Hotline Issues

Dunn Christine | December 12, 2006

Letters exchanged between the Securities and Exchange Commission and an important study group in the European Union are offering new hints to companies trying to bridge a trans-Atlantic regulatory spat over whistleblower hotlines.

The correspondence—swapped between Ethiopis Tafara at the SEC Office of International Affairs and the EU Article 29 Data Protection Working Party—addresses the year-long tensions between American regulators who want companies to have whistleblower hotlines as mandated by the Sarbanes-Oxley Act, and EU officials who deeply frown on the idea of one citizen reporting another to the authorities anonymously. Both sides have struggled to settle their differences over the issue, while U.S.-listed multinational companies twist in limbo.


The letters essentially provide a framework that companies can employ so their whistleblower hotlines pass muster with both regulatory bodies. According to Mark... To get the full story, subscribe now.