The US Dodd-Frank Act – Publications

Posted by & filed under 1. Resources, D. International Laws.

The Myth Buster: The conflict minerals provision (2014) Best known as the ‘conflict minerals provision,’ Section 1502 of the Dodd Frank Act is a law that requires US-listed companies that use four minerals—tantalum, tin, tungsten and gold—in their products to determine whether their mineral purchases inadvertently fund armed groups in the DRC or surrounding countries…. Read more »

The US Conflict Minerals Law – The Requirements

Posted by & filed under 1. Resources, D. International Laws.

Under the US Dodd-Frank Act, the SEC adopted the US Conflict Minerals Law. More details about this law and its applicability are available on this page, which provides a clear overview of the context of this new law. Requirements of the US Conflict Minerals Law Under the final rule, a company must determine whether any… Read more »

The European Union’s Accounting and Transparency Directives

Posted by & filed under 1. Resources, D. International Laws.

What is new? The recent international financial crisis stimulated the debate on the responsibility of business to contribute to sustainable economic growth. Against this backdrop, the European Parliament adopted in 2013 a revised legislation, called the Accounting Directive. The Accounting Directive obliges large extractive and logging companies to report payments they make to governments. This… Read more »

The US Dodd-Frank Act and the Conflict Minerals Law

Posted by & filed under 1. Resources, D. International Laws.

The US Dodd-Frank Act As a result of the financial crisis of 2007-2010, significant changes were made to the financial legislative framework of the United States of America. The most important reform is the Dodd–Frank Wall Street Reform and Consumer Protection Act, which came into force in 2010. This Act is also referred to as… Read more »

The EU draft legislation on responsible sourcing of conflict minerals

Posted by & filed under 1. Resources, D. International Laws.

In March 2014, the European Commission presented a draft regulation issuing an EU voluntary self-certification scheme for EU importers of tin, tantalum and tungsten, their ores, and gold stemmed from conflict affected and high-risk areas. This regulation is not yet implemented. The new legislation has the purpose to prevent the trading of conflict minerals and… Read more »