Are there any requirements in other countries to set up internal control systems over financial reporting similar to SOX?

Yes, several countries have already established or are establishing corresponding rules and regulations, e.g.:

a)European Union: 8. EU Directive

b)France: Loi de Sécurité Financière

c)Great Britain: Companies Bill

d)Ireland: Companies Act

e)Switzerland: Neues Revisionsaufsichtsgesetz