Conflict between German law and Sarbanes-Oxley 1141

  • I have two questions regarding the implementation of Sarbanes-Oxley in Germany.
    First, I would like to know who signs of on the reports. In Germany the management board is responsible but Sarbanes-Oxley requires the CEO and CFO to sign of. How do German companies solve this issue? Did the SEC mention something concerning that?
    Second, what is about the confidentiality of documents? The Audit Law does not permit do disclose any confidential information. How is this problem solved? Or is it not solved?

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