Where America Leads…
Article by Reza Alexander, DLA Piper UK LLP, posted on Strategic Risk, April 2007: Reza Alexander believes that new US electronic disclosure rules herald a wake up call which will reverberate throughout the rest of the world.
Globalisation means that European-based multinationals cannot ignore the effects of US legislation. Anyone who doubts this needs only to look at Sarbanes-Oxley. So the recent amendments to the US Federal Rules of Civil Procedure (FRCP), which came into effect on 1 December 2006, will have a far reaching effect on how electronic records are managed within most organisations….
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