Steve Kanyi
we deals and educate on conflict minerals services
This week, Keith Higgins, director of the SEC’s Division of Corporation Finance issued a statement intended to clarify reporting expectations. Barring further action by the Commission or a court, his division expects companies to file Form SD and - See more at: http://arkinfotec.in/conflictmineralsoftware/business-groups-blast-secs-conflict-minerals-workaround/#sthash.3kBmNe11.dpuf
Although the court did issue a key ruling a couple weeks ago, stating that “[b]y compelling an issuer to confess blood on its hands, the statute i - See more at: http://arkinfotec.in/conflictmineralsoftware/3-critical-to-dos-before-secs-conflict-minerals-compliance-deadline/#sthash.GuBWFRTk.dpuf
The Colombian authorities could determine this month whether they will move forward on a giant gold mining project in a nature preserve in the central mountain range.
Sixty-six percent of the Peruvian state’s revenue from the extractive industries does not appear on government accounts. Parliament is taking a hand in the matter amid pressure from oil, gas and mining companies for the government to flout an international agreement on transparency. - See more at: http://arkinfotec.in/conflictmineralsoftware/economy-peru-easier-to-extract-minerals-than-accounting-information/#sthash.K2dAMNg2.dpuf
On April 29, 2014 Keith F. Higgins, the Director of the Division of Corporation Finance (CorpFin) at the Securities - See more at: http://arkinfotec.in/conflictmineralsoftware/sec-remains-divided-over-conflict-minerals-rules-corpfin-issues-guidance-on-compliance/#sthash.Uk0dRwvP.dpuf
Zambia’s copper mines were privatised during the 1990s. Afterwards, the mineral royalty tax was set at 0.6 percent of annual gross earnings, one of the lowest mineral tax rates in the world. - See more at: http://arkinfotec.in/conflictmineralsoftware/economy-zambia-conflict-looms-over-revision-of-mineral-tax/#sthash.mjn6tGqv.dpuf
If you previously spent time pouring over the SEC’s Form SD to develop your compliance approach, you’ll want to be aware that in January the SEC posted a “new Form SD” on its website. But, the new form won’t require any changes to your programs or disclosure - See more at: http://arkinfotec.in/conflictmineralsoftware/updated-form-sd-whats-new/#sthash.YhMS8PDo.dpuf
The rule requires most US companies to report whether they use conflict minerals from the Democratic Republic of the Congo (DRC) and neighboring countries. It has recently come under fire, with a US appeals court last month ruling part of it to be unconstitutional. - See more at: http://arkinfotec.in/conflictmineralsoftware/sec-us-companies-not-required-to-identify-products-with-conflict-minerals/#sthash.SoTPlZEW.dpuf
The International Criminal Court on Friday convicted a militia leader from the Democratic Republic of Congo in an attack on a Congolese village in 2003 in which more than 200 people were shot and hacked to death, and women were raped and abd - See more at: http://arkinfotec.in/conflictmineralsoftware/congolese-militia-leader-convicted-in-attack-on-village/#sthash.UQdYWMsk.dpuf
While companies and boards once viewed activist investors in a negative light, lead directors now recognize that in some instances activists can bring positive change to companies, a report on shareholder activism by King & Spaulding found. - See more at: http://arkinfotec.in/conflictmineralsoftware/survey-roundup-activist-investors-political-risk-map/#sthash.3xZ4F5yf.dpuf
In the eyes of the SEC, a performance audit and an attestation are equally suitable for purposes of complying with the - See more at: http://arkinfotec.in/conflictmineralsoftware/what-is-the-difference-between-a-performance-audit-and-an-attestation/#sthash.D3xp72WL.dpuf
Little did he know that his film about the park would become an exposé of the corrupt ways of an international oil company that had set its sight on the park, a UNESCO World Heritage site.
If you were waiting to implement your compliance program until after the court reached a decision in NAM v. SEC, you may want to reconsider that strategy. - See more at: http://arkinfotec.in/conflictmineralsoftware/challenging-the-conflict-minerals-rule-will-the-court-of-appeals-decide/#sthash.0bhjmXaD.dpuf
As a result of the court’s ruling, which left the Rule largely intact, and the Statement, issuers required to file reports under the Rule must continue to prepare for the filing of their Form SD and any required conflict minerals report by the June 2, 2014 deadlin - See more at: http://arkinfotec.in/conflictmineralsoftware/the-conflict-minerals-rule-important-recent-developments/#sthash.OOSsTuwa.dpuf
“DRC conflict free” or not, and unless they identify themselves as “DRC conflict free,” they can also delay an independent private sector audit (IPSA). - See more at: http://arkinfotec.in/conflictmineralsoftware/one-month-to-go-conflict-minerals-disclosure-still-looms-despite-sec-limited-partial-stay/#sthash.gB0fvDyM.dpuf
The SEC partially granted a request for a stay of the “shaming” provisions of the Dodd-Frank Act Conflict Minerals regulations requiring publicly traded companies to disclose whether their products were free from minerals from the Democratic Republic of Congo (DRC) and neighboring countries. - See more at: http://arkinfotec.in/conflictmineralsoftware/weekly-review-sec-conflict-minerals-stay/#sthash.EObfAQtA.dpuf
Manufacturers must explore and understand their options for staying and remaining engaged in the DRC region, even if it impacts their initial SEC reporting. How can companies do this? - See more at: http://arkinfotec.in/conflictmineralsoftware/3-key-tactics-in-conflict-minerals-compliance-and-staying-in-drc/#sthash.M0FugRrn.dpuf
Republic of the Congo (DRC) or the Great Lakes Region and likely make reporting to the SEC easier; but in so doing, undermine the ultimate purpose of the law and face likely scrutiny for abandoning the region. - See more at: http://arkinfotec.in/conflictmineralsoftware/why-conflict-free-shouldnt-mean-congo-free-engage-suppliers/#sthash.mbgwOkbM.dpuf
The authors analyze the OECD Cycle 3 Final Report, “Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk.” - See more at: http://arkinfotec.in/conflictmineralsoftware/conflict-minerals-building-responsible-manufacturing-supply-chains/#sthash.sz3H36CB.dpuf
The Commission will use the results to help it decide whether – and how in a reasonable and effective manner – to complement a - See more at: http://arkinfotec.in/conflictmineralsoftware/public-consultation-on-a-possible-eu-initiative-on-responsible-sourcing-of-minerals-originating-from-conflict-affected-and-high-risk-areas/#sthash.BjXDbuk5.dpuf
The Public-Private Alliance for Responsible Minerals Trade (PPA) is a multi-sector and multi-stakeholder initiative to support supply chain - See more at: http://arkinfotec.in/conflictmineralsoftware/public-private-alliance-for-responsible-minerals-trade/#sthash.XNn3Sviu.dpuf
The filing, by the National Association of Manufacturers, the U.S. Chamber of Commerce and the Business Roundtable, marks a last-ditch effort by the groups to put the rule on hold before it goes into effect on June 2. - See more at: http://arkinfotec.in/conflictmineralsoftware/trade-groups-ask-court-to-stay-secs-conflict-minerals-rule/#sthash.kIy1Stav.dpuf
Practitioner Panel Describes Challenges and Solutions to Meeting the Requirements of Dodd-Frank Section 1502
Green Status Pro sponsored a unique peer-to-peer webinar, - See more at: http://arkinfotec.in/conflictmineralsoftware/lessons-learned-webinar-suppliers-using-sec-conflict-minerals-reporting-to-gain-market-share/#sthash.9TaMouoJ.dpuf
Armed groups’ exploitation of conflict minerals and attempts to control the illicit trade are one of the drivers of the conflict in Democratic Republic of Congo (DRC). This - See more at: http://arkinfotec.in/conflictmineralsoftware/congos-minerals-from-conflict-to-community-benefit/#sthash.6RJWp8mp.dpuf
As US businesses scramble to meet the US Securities and Exchange Commission’s conflict minerals disclosure rule – with the first reporting deadline rapidly approaching 2 June – some are complaining of uncertainty and other concerns, while others say they are ready. - See more at: http://arkinfotec.in/conflictmineralsoftware/conflict-minerals-reporting-deadline-is-your-business-ready/#sthash.WYa11JMz.dpuf
