An introduction to Canadian SOX – Exploring the Background and Characteristics of the Act

• Date: May 20, 2010
• Source: Admin

Back in 2002, SOX or Sarbanes Oxley had brought a revolutionary change in the corporate governance and disclosure obligations of publicly traded companies in U.S. markets. That revolutionary change, later on had forced the Canadian government to adopt and implement a similar kind of provision in order to maintain competitiveness and compatibility with the U.S. markets. And that is the time when the CSOX was born and re-established investor confidence in Canadian securities.