• Whistleblower Programs: Challenges for Multinational Companies
  • March 23, 2009 | Authors: Dana H. Freyer; Gary DiBianco; Pierre Servan-Schreiber; Matthias Horbach; Katherine D. Ashley
  • Law Firms: Skadden, Arps, Slate, Meagher & Flom LLP - New York Office ; Skadden, Arps, Slate, Meagher & Flom LLP - London Office; Skadden, Arps, Slate, Meagher & Flom LLP - Paris Office ; Skadden, Arps, Slate, Meagher & Flom LLP - Frankfurt am Main Office ; Skadden, Arps, Slate, Meagher & Flom LLP - Washington Office
  • Section 301 of the Sarbanes-Oxley Act of 2002 (SOX) created, among other things, a requirement that public company audit committees establish procedures for (i) the receipt, retention and treatment of complaints received by the company regarding accounting, internal accounting controls or auditing matters; and (ii) the confidential, anonymous submission by employees of the company of concerns regarding questionable accounting or auditing matters.