A former Geneva-based oil trader was given an 18-month suspended sentence for bribing officials in Africa in exchange for oil shipments.… Continue Reading
The U.S. Department of Commerce has finally published its long awaited list of all known facilities that process tin, tantalum, tungsten, or gold — the so-called “conflict minerals.” Despite taking an additional year and seven months past its original deadline set in the 2010 Dodd-Frank Act, and despite using the combined resources and efforts of the Commerce Department, the OECD, and the U.S.… Continue Reading
By now, most people in the compliance profession know that the Dodd-Frank Act created regulations on conflict minerals. However, fewer know the role young people played in agitating on this issue.… Continue Reading
Just when we thought the SEC’s job is to regulate markets and protect investors, we’ve learned it’s all about, ahem, foreign policy.
At least that’s the message in yesterday’s SEC release concerning proposed new rules under Dodd-Frank about the use of conflict minerals from the Democratic Republic of the Congo and adjoining countries.… Continue Reading