When I founded Compliance Week with my business partner Frank Hertz, we never dreamed that compliance would get so big or complex. Clearly, risk and compliance issues were becoming increasingly important—our coverage went from focusing on Regulation Fair Disclosure (remember the days when that was the big compliance issue?) to Sarbanes-Oxley faster than you could say “over-regulated.” But who could have predicted the compliance web in which we’re currently entangled; today’s requirements read like an alphabet soup of acronyms and standards: AS5. FIN 48. FCPA. FAS 157. 409A. ICFR. IFRS. FRCP. XBRL.
Ugh.
