The US Treasury Department has recommended repeal of four sections of the 2010 Dodd-Frank financial regulatory law, including Clause 1502 mandating due diligence disclosure of ‘conflict minerals’ from Central Africa. It is argued that such disclosures are...
On 7th July 2016, the US House of Representatives passed amendment 1254 to Dodd Frank which confirms that no funds appropriated in relation to the Act can be used to enforce the SEC Rule relating to ‘conflict minerals’.In commenting on the amendment, the...
Republicans on the House Financial Services Committee have proposed a full repeal of the US’s conflict minerals reporting rules through discussion of the Financial CHOICE Act, released last week. CHOICE stands for Creating Hope and Opportunity for Investors,...
Following the publication of the Securities and Exchange Commission (SEC) conflict minerals rule in 2012, several trade groups launched a legal challenge to various requirements, one of which was supported by the District of Columbia Court of Appeals. On 14th April...
The IPC has released a guide to help manufacturers manage compliance with the new US SEC’s conflict minerals regulations, Circuits Assembly reported yesterday. The 356-page SEC rule was finalised earlier this year. The seven-page downloadable document, entitled...