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:: Compliance in Canada (Multilateral Instrument 52-109) with Sajus ComplianceAssureTM

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"Canadian SOX" is happening. Multilateral Instrument 52-109 essentially emulates SOX 404, 302 and 409. Canadian companies have an opportunity to learn best practices and avoid many pitfalls the bogged down companies in the US.

A recently study on SOX spending in the US by AMR Research (Nov 29,2005) indicated that "companies reported that they were putting the bulk of their efforts into refining existing business and IT controls in preparation for automation efforts using technology". Also stating that the technology spend for SOX compliance would grow by more than 13% (over the $1.9B in 2005).

The lesson here is that companies need to shift from viewing compliance as a "must do" project to a continuous process that improves overall business efficiency. Compliance should be the by-product of a well run operation.

Sajus ComplianceAssureTM helps companies achieve MI 52-109 compliance by modeling, monitoring, testing and dashboarding critical controls and processes within your business. Sajus ComplianceAssureTM automates remediation through real-time exception handling.

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