The extradition of the NatWest Three, the jailing of Wembley leisure boss Nigel Potter, and the Sarbannes-Oxley rules, demonstrate the extraordinarily long arm of US law, reported by Dominc Rushe and Richard Fletcher, The Sunday Times, 16 July 2006
The article looks in the one-way treaty that allows the US to extradite British citizens for trial in America without having to present evidence of a compelling case. Snippets here refer to information systems and SOX:
According to a survey by Financial Executives International of 217 companies with revenues of more than $5bn, the cost of compliance was an average of $4.4m.
Wire-fraud is a sub-section of America's law on mail-fraud, which makes it an offence to devise a scheme to defraud people or companies, and then to further or implement that scheme by communicating it through the mail or - in the case of wire-fraud - by telephone, email or fax.
...According to legal experts, there is a possibility that executives could be ensnared if their emails happened to be routed through an American server - even if the underlying offence had no connection with America at all.