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Sarbanes-Oxley News
Article:
Protecting Land Transactions and Corporate Directors
Commercial title insurance can help reduce corporate directors' liability exposures in the era of the corporate governance and accountability Sarbanes-Oxley Act (SOX). Sarbanes-Oxley requires companies to establish and monitor controls over financial processes and then have these audited by an outside firm. Sarbanes-Oxley also holds executives and corporate directors personally liable for fraudulent financial activity.
In commercial real estate and other industries, managers are examining new best practices to keep them in line with SOX compliance. One way to achieve peace of mind is having insurance be part of SOX compliance activities, particularly commercial title insurance, which protects corporate directors from liability in this area.
The Sarbanes-Oxley News Article
About OpenPages
OpenPages is the leading provider of Governance, Compliance and Risk
Management solutions
for Sarbanes-Oxley Compliance, Financial Controls Management, General
Compliance Management, Operational
Risk Management and IT
Governance.
The company’s solutions provide the visibility, decision support and
control to improve accountability, better manage risk, achieve compliance
with numerous regulations, improve operational performance and align strategies
to ensure better results.
Market-leading corporations in financial services, manufacturing, telecommunications,
media/entertainment, retail/consumer, energy, high technology, health services
and life sciences rely on OpenPages to help them achieve sustainable governance,
risk and compliance management -- enabling them to become well-governed businesses.
Founded in 1996, the company is headquartered in Waltham, Massachusetts, with
regional offices throughout North America and international offices in London, Munich, Paris, Tokyo and Hong Kong.
For more information on OpenPages' suite of business governance software solutions
or to register for an online demonstration, please call 781-693-5999 or visit
www.openpages.com.
Reynolds American Selects OpenPages FCM for Sarbanes-Oxley Compliance.
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