Free Pricing | JCPenney Coupons | Pizza Hut Coupons | Home Depot Coupons
Sarbanes-Oxley spurs US inspectors scrutinise E&Y in London

Sarbanes-Oxley spurs US inspectors scrutinise E&Y in London

by Rick Turoczy on September 19, 2006

US inspectors have swooped on the London offices of Ernst & Young as they began scrutinising the work of the UK’s big-four audit firms in the latest case of US regulatory “creep”.

The inspections stem from a contentious requirement of the Sarbanes-Oxley Act and a new example of its “extra-territorial” reach beyond the US. The Financial Times learned of the inspections as British concern about US regulation was underscored last week by the announcement of a UK Treasury move to ringfence the London Stock Exchange from Sarbanes-Oxley-type laws.

Sarbanes-Oxley spurs US inspectors scrutinise E&Y; in London

Leave a Comment

Previous post:

Next post: