NewswireToday - /newswire/ -
Wilmington, DE, United States, 2006/03/07 - Compliance, LCC announced that it has acquired George Lekatis Inc., a leading provider of Sarbanes Sarbanes Oxley and Basel ii training in the world - Sarbanes-Oxley-Training.com.
The Sarbanes Oxley Act affects not only US public companies, but also an amazing number of foreign firms, and training is always the first priority. There are already scheduled more than 30 classes for 2006 in the USA, UK, Singapore, Dubai, Hong Kong, Sydney, Germany, Canada, the Netherlands etc.
The new Basel Accord (Basel II, or “International Convergence of Capital Measurement and Capital Standards - A Revised Framework”), is an effort by international banking supervisors to update the original international bank capital accord (Basel I), which has been in effect since 1988. After Basel II, there is a fundamental change in the way banking organizations manage risks, view their data management needs and invest in IT. Training is again the first priority for banks around the world.
George Lekatis, who is the general manager of Compliance, LLC after the acquisition, said: “It is a new start for me, a new dedication. I will be committed to maintain the highest level of proficiency, knowledge and expertise, in order to provide the highest level of service to our customers”
George Lekatis is a senior risk and compliance consultant and certified trainer. Having worked as an executive employee and a business owner, he has improved operations, solved problems, and increased profitability. George has worked as director of network security and IT director. He has more than 16,000 hours experience as a professional speaker and seminar leader. A recognized expert, George has lectured several times at many international conferences, and led seminars in the USA, Europe and Asia. He also writes frequently for newspapers and magazines, and has been quoted in articles, publications and the television.
About Compliance, LLC
Compliance, LCC (incorporated in Delaware, USA) is a company specializing in risk management, Sarbanes Oxley and Basel ii compliance from an IT and Information Security perspective. The firm's mission is to become the dominant player in compliance and provide excellent personalized solutions to companies and organizations of the private and the public sector.