Beyond Sarbanes-Oxley: Conscientious Compliance

A confluence of various regulations and court decisions, beyond Sarbanes-Oxley, has made it de rigueur to adopt corporate codes of conduct or corporate compliance and ethic programs.  Boards of directors and their advisors must now focus on not merely adopting programs, but on establishing procedures and processes that provide active oversight of directors of compliance programs.  This article discusses why adopting a compliance program is an absolute necessity now.