Investment and Risk Mitigation
In a so-called “trilogue” meeting on June 16, the European Parliament, the Council of Ministers, and the European Commission reached a “political” agreement on the key elements of a regulation that would implement a due diligence and reporting regime for conflict minerals imported in the EU.
It has taken more…
Continue Reading Agreement in Principle Announced for an EU Regime on Conflict Minerals
Background
On April 14, 2015, the Committee on International Trade (INTA) of the European Parliament adopted amendments (by 22 votes to 16, and 2 abstentions) on the European Commission’s proposal for an EU conflict minerals regime published in March 2014. The INTA vote followed a compromise reached among three of…
Continue Reading European Parliament Divided on Conflict Minerals Regime
Recent developments in the European Parliament threaten to make compliance with the future EU conflict minerals regime extremely complicated for companies that require tin, tantalum, tungsten, their ores or gold.
Background
The European Commission was encouraged to propose a European regime which would emulate the US Dodd Frank 1502 legislation…
Continue Reading European Parliament Considering Highly Restrictive Conflict Minerals Regime
On November 6, the Committee on International Trade (INTA) of the European Parliament will have a first exchange of views on the proposal presented in March by the European Commission (EC) on “Minerals originating in conflict affected and high risk areas.” This is the European Union version of the so-called…
Continue Reading Debate in the European Parliament on the European Commission’s Conflict Minerals Proposal
On April 14, 2014, the U.S. Court of Appeals for the District of Columbia Circuit issued its long-awaited opinion in the challenge brought by industry groups to the SEC’s conflict minerals reporting rule under Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The court agreed with…
Continue Reading D.C. Circuit Court of Appeals Invalidates Key Part of Conflict Minerals Rule
In many African countries, the potential of the extractive industry to develop local economies has yet to be fully realized, monitored, or regulated. Although considerable attention has been paid to foreign government regulatory measures such as the European Union Accounting and Transparency Directives and Sections 1502 and 1504 of the…
Continue Reading Voluntary Transparency Measures in the Extractive Industry
