The 2017 annual report of Bank of Montreal contained the following wxcerpt in the "Independent Auditors Report of Registered Public Accounting F in We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States, the Bank's mal control over the francial going October 31, 2017, based on the criteria established in Internal Control-Integrated Framework (2013) issued by the Commitee of Sponsoring Organizations of the Treadway Comm (COSO), and our report dated December 5, 2017, expressed an unmodified bunqualified) opinion on the effectiveness of the Bank's intemal control over financial Why is this a requirement of a Canadian company? The Dodd-Frank Act amended the Sarbanes-Oxley Act (BOX), granting the authority for the to now hoped Pese that practise in the US or have US clients. Since Bank of Montreal is a Canadian company listed on the New York stock exchange and has operations in the US. gulations