LSF (Loi Mer)
French Law on Finances from August 1st, 2003
The french « Loi de Sécurité Financière » also called Loi Mer applies to all
corporations (or companies with Limited partnership) that call for Public offerings
since January 1st, 2003.
As the Sarbanes-Oxley law, the « Loi de Sécurité Financière » mainly involves :
- The growing responsibilities of the Executives and Directors,
- Intern controls that strengthen,
- Reduction of sources of conflicts of interests.
So far, the Sarbanes-Oxley law applies to the financial risks. The LSF goes further
with a report of intern controls applying at all levels the company, including the
security of the information system.
In this purpose of compliance, KLEVERWARE leads companies in setting up controls
and enables them to :
So that, anyone in the company may fulfill his responsibilities, being helped with
information system, processes, tools and practices appropriate with his function.
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