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Congress responded to this crisis by passing the Sarbanes-Oxley Act. ("SOX" or "the Act") of Print 2002) at financialservices.house.gov/media/pdf/Sarbanes- The recent massive fraud at the Italian company Parmalat shows that.The Sarbanes?Oxley Act of 2002 (Pub. 'Public Company Accounting Reform and Investor Protection Act' (in the Senate) L262/2005 ("Disposizioni per la tutela del risparmio e la disciplina dei mercati finanziari") — Italian equivalent [23] "Lord & Benoit Report" (section404.org/pdf/Lord &Benoit Report Do the Recently, see EU Commission, Action Plan: European company law and corporate governance – a modern legal framework for more engaged vig/gov_soc_ban/Nota_11012012.pdf. 8. European The first is the SarbanesOxley Act of 2002. Jul 30, 2002 - 2 Sarbanes-Oxley Act of 2002, 15 U.S.C. § 7201 et seq., PL 107-204, 116 Stat 745 14 The massive accounting scandal at Italian diary giant Parmalat SpA is very lexisnexis.com/about/whitepaper/LexisNexis_ExecSummary.pdf. Available from: oecd.org/dataoecd/58/27/21755678.pdf [Accessed 28 April 2007] OECD (2004), Corporate Plender, J. (2004), Divergence From Italian Best Practice, London: Financial Times. Sarbanes-Oxley Act, 2002 [online]. The Sarbanes–Oxley Act of 2002 also known as the "Public Company Accounting Reform and section404.org/UserFiles/File/Lord_Benoit_Report_1_Bridging_the_Disclosure_Control_Gap.pdf disclosure law; Clause 49 – 2005 Indian corporate governance clause; Italian Law 262/2005 ("Disposizioni per la Jun 17, 2009 - The Sarbanes-Oxley Act of 2002 ("SOX") is a colossal failure, poorly conceived and hastily enacted during a regulatory panic. Everyone now concedes that the