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The Sarbanes-Oxley Act of 2002

The Sarbanes-Oxley Act was passed in the response to a number of recent corporate scandals. The intent of the Act is to promote accounting reform and to improve corporate governance standards. A selection of supervisory guidance concerning the Sarbanes-Oxley Act is outlined below. Among them is a Supervisory Regulation Letter issued that outlines Federal Reserve expectations regarding application of the Act to non-public banking organizations.

 
Supervision and Regulation (SR) Letters*
Statement on Application of Recent Corporate Governance Initiatives to Non-Public Banking Organizations offsite
SR 03-8, May 5, 2003
The Sarbanes-Oxley Act of 2002 offsite
SR 02-20, October 29, 2002
*Supervision and Regulation Letters, commonly known as SR Letters, address significant policy and procedural matters related to the Federal Reserve's supervisory responsibilities.
 
Reference
The Sarbanes-Oxley Act of 2002 offsite PDF
U.S. Government Printing Office, July 24, 2002; 70 pages / 221 kb