• Multi-Lateral Instrument 52-110 Audit Committees (Canada)
  
  In following the lead of the Securities Exchange Commission in the United States, the Ontario Securities Commission introduced MI 52-110 in 2004 to promote corporate responsibility and increase financial disclosure. This regulation is now a standard requirement for all reporting issuers in Canada. You can read more about it at: http://www.osc.gov.on.ca/Regulation/Rulemaking/Current/Part5/rule_20040116_52-110_mi.jsp
  
  For Guideline on managing hotlines in the European Union - http://subscript.bna.com/samples/wsl.nsf/f89826265796c0c985256fa9006a29a8/bedd2326fda4e8068525707d006677b7?OpenDocument



• Sarbanes-Oxley Act of 2002
  
  On July 30, 2002, President Bush signed into law the Sarbanes-Oxley Act of 2002, which he characterized as "the most far reaching reforms of American business practices since the time of Franklin Delano Roosevelt." The Act mandated a number of reforms to enhance corporate responsibility, enhance financial disclosures and combat corporate and accounting fraud, and created the "Public Company Accounting Oversight Board," also known as the PCAOB, to oversee the activities of the auditing profession. The full text of the Act is available at http://www.sec.gov/about/laws/soa2002.pdf. You can find links to all Commission rulemaking and reports issued under the Sarbanes-Oxley Act at: http://www.sec.gov/spotlight/sarbanes-oxley.htm.
  
  
• PIPEDA & Privacy Act -
  
  Information regarding the Privacy Act and PIPEDA can be accessed through the following links.
  The Privacy Act http://www.privcom.gc.ca/legislation/02_07_01_e.asp
  Personal Information Protection and Electronic Documents Act http://www.privcom.gc.ca/legislation/02_06_01_e.asp



• Director's Liability - Whistleblower Security also assists in protecting your Company's Directors in the case of liability due to unforeseen events. While you may have D&O insurance, if you do not integrate best practice protocols within your operations, your D&O insurance could be null and void. You can read more about protecting yourself at http://strategis.ic.gc.ca/epic/internet/incilppdci.nsf/en/c100693e.html

To learn more about Whistleblower Security – contact us today!

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