News
The Law is an Ass(et)
21st of July 2008 >
Businesses must obey thousands of pieces of conflicting legislation. Complying with it is a challenge worthy of Machiavelli.
Today's business owner must confront tens of thousands of legislation points to stay on the right side of the law. Is it possible to comply with them all while remaining agile and responsive to changing conditions? What should companies be doing?
Present at a roundtable to discuss these questions were Allen Smith, CEO of Continuity SA; Patrick Evans, regional director of Symantec; Paul Wootten, CEO of Sandbox; Jan Roux, technical director of Integr8 IT; Haydn Pinnell, MD of EOH Gallium; Eugene Pfister, director of KPMG client advisory division; Derek Street, product manager at SecureData; David Naude, product manager for authentication services at SecureData; Ina de Vry, IT business practice at IQ Business Group; Andre February, head of business consulting at Fujitsu Services; Andre Zitzke, solutions specialist at SAS; Adrian van der Merwe, MD of 8th Man Consulting; and Amir Lubashevsky, marketing and new technology director at Magix Integration.
- Hasn't Sarbanes-Oxley been a waste of time given that investment banks seem to have run up trillions in debt using off-balance sheet vehicles?
- How far down the line are we with compliance to international legislation in SA?
- What about local legislation? How much of an impact does that have?
- How much of an educator do vendors have to be? Are there funds available to help companies comply with these tens of thousands points of law?
- Legislating behaviour?
