Newsletter Oct 2003: What they say: On Sarbanes-Oxley\'s first year

The US Senate Banking Committee has held 3 hearings into the implementation of the 2002 Sarbanes-Oxley Act, which is intended to re-establish investor confidence in the integrity of company disclosures and financial reporting after the corporate scandals of recent years. The hearings, held on September 9 and 23, and October 2 received testimony from regulators, accountants and corporate executives, as well as investor and industry associations and the administrator of the world\'s largest retirement scheme. Here is a summary of what they said.