The Securities and Exchange Commission voted Wednesday to propose another version of its rule to require resource extraction issuers to disclose payments to foreign governments for the commercial development of oil, natural gas, or minerals.… Continue Reading
Posts Tagged: Christian Aid
The U.S. Senate voted Friday to repeal an SEC rule that would have required oil and gas and mining companies to disclose each year all of their payments to foreign governments for exploration and production rights, permits, taxes, and other things.… Continue Reading
Last year UK Prime Minister David Cameron promised to rip aside the “cloak of secrecy” and set new standards for transparency of company ownership.
What came out of the Joint Communiqué an agreement to hold the information on the people who ultimately own and control companies — so-called beneficial owners — in their jurisdiction, either in centralized registries “or similarly effective systems.”… Continue Readingby political leaders and representatives of the UK and Overseas Territories last month (following reportedly “robust discussions”) was