Thursday, July 13, 2006

Time for a selective boycott of Sarbanes-Oxley


British need not fix controls at all costs

As the risk of criminal extradition looms large in the minds of many British executives, it would be a brave company that went out of its way to deliberately flout US securities law. But just as the alleged unequal treatment of the NatWest Three has provoked a rare outbreak of solidarity among UK business leaders, the imminent arrival of Sarbanes-Oxley legislation demands a tough response.

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