Sarbanes-Oxley – SOX Compliance
Translation

With the original Sarbanes-Oxley compliance deadline fast approaching, many of our internationally based clients that choose to list on U.S. stock exchanges were able to breathe a collective sigh of relief in March. The SEC, faced with mounting pressure from the international community, saw its way clear to issuing a one-year extension on the SOX compliance deadline for foreign entities.

Since we've been translating massive amounts of materials related to compliance to help our international clients meet the original deadline, we were able to breathe a little easier as well. However, we are encouraging our clients to stay the course on their efforts, as July 2006 will again become a fast-approaching deadline given the massive effort that still remains.

Who is faster than German-based car manufacturer Porsche? They recently delayed their plan to list on the New York Stock Exchange as a direct result of Sarbanes-Oxley 404. Shortly thereafter, another multinational, Daiwa Securities Group of Japan, made a similar announcement.

There are so many areas in an organization that are touched by SOX. To be compliant with Sarbanes-Oxley and to continuously audit the compliance are daunting tasks. The last thing our clients need is another headache regarding the increased translation requirements created by 404. We'll not only help you identify these requirements, we'll become part of your compliance team, use best-practice technology, and implement the translation industry's most rigorous quality-control system to make sure the increased translation and linguistic burden of Sarbanes-Oxley falls on our shoulders, not yours.