Are you involved in both Sarbanes Oxley Act (SOX) and Basel II Capital Accord (Basel II) compliance projects?

Compliance projects such as SOX and Basel II have placed tremendous strain on IT resources, making CIOs and senior IT managers at a state of panic. Having to due with one compliance project is bad enough not to mention another additional one. For those who are fortunate to have to comply with both SOX and Basel II, it's a case of double whammy or déjà Vu.

While SOX is a regulatory requirement for US listed companies, Basel II is only applicable to European based financial institution and financial institutions with operation in Europe. However, this is set to change as central banks in countries outside Europe start to adopt Basel II, example the Monetary Authority of Singapore.

Therefore, if your organization is US listed and is a financial institution operating in a country where the central bank has adopted Basel II as a standard, then you are one of those fortunate ones.

While it may sounds arduous having to subject to audits for SOX and Basel II compliances, the tasks may not be that difficult if you know the best practices to adopt, understand overlapping requirements and knowing the gaps.

For the purposes of enabling IT and security professionals to prepare themselves to meet the challenge of complying with both SOX and Basel II, Fusion Frontier is pleased to announce that it has specially designed a course that focuses on SOX and Basel II compliance. The course is targeted at CIOs, IT and Information Security Directors, Managers and Professionals, Chief Risk and SOX Compliance Officers, IT and Security Process Owners, and IT auditors and those supporting SOX and Basel II compliance.

The Sarbanes Oxley and Basell II Compliance Training course is now available for corporate booking.

For classes in your country, please contact us at training@fusionfrontier.com.