Risk Management

    When the Sarbanes – Oxley (SOX) Act was passed in 2002, George Bush was quoted as saying “the era of low standards and false profits is over; no boardroom in America is above or beyond the law.”

    Not only did this capture the anger of the regulatory bodies. It also reflected the mood of the public the world over. Subsequently, similar acts have been passed in many countries.

     It is in the light of these repercussions for the “global boardroom” that we at TGS Lydia positively encourage our clients to embrace such change in governing procedures. Not only is it a matter of good governance, we regard it as an opportunity to demonstrate to potential lenders and investors that such probity is at the forefront of the management culture.

    TGS Lydia pays considerable attention to such changes whether they are committed in legislation or regulation and we will always be on hand to assist in the implementation of new processes when they arise.