FACT SHEET – Mandatory Disclosure Company Coverage
This fact sheet analyzes the top 100 oil/gas and top 100 mining companies to determine how many are covered by mandatory disclosure requirements worldwide.
FACT SHEET – Status of Section 1504 Regulations Given Results of U.S. District Court Decision
On July 2, 2013, the D.C. District Court ruled that the SEC must provide better justifications for certain aspects of the regulations. The court vacated the rules and returned them to the SEC for review. Read the fact sheet for more information.
PWYP-US Submission to the SEC on Section 1504 (Company disclosures under EU rules)
PWYP-US submitted this letter to the Securities and Exchange Commission rulemaking record highlighting the disclosure of payments information by oil & gas operators consistent with the EU Accounting and Transparency Directives. Download the PWYP-US submission document or view it on the SEC website.
PWYP-US Submission to the SEC on Section 1504 (rebuttal)
PWYP-US submitted this letter to the Securities and Exchange Commission in response to other comments submitted to the rulemaking record. Download this document or view it on the SEC website.
PWYP-US Submission to the SEC on Section 1504 (Full Analysis)
PWYP-US submitted this letter to the Securities and Exchange Commission’s rulemaking record for its implementing rule for Section 1504 of the Dodd-Frank Act. Download this document or view it on the SEC website.
FACT SHEET – EU rules for disclosure of payments to governments by oil, gas and mining and logging companies
On 26 June 2013 the European Parliament and Council of the European Union (EU Member States) signed into law new payment disclosure requirements for the extractive and forestry industries. These new rules require oil, gas, mining and logging companies to annually disclose the payments they make to governments on a country-by-country and project-by-project basis.
Full Text: Section 1504 of the Dodd-Frank Financial Reform and Consumer Protection Act
The attached file includes the full text of Section 1504 of the Dodd-Frank Financial Reform and Consumer Protection Act.
Section 1504 Legislative History Timeline
Section 1504 of the Dodd-Frank Financial Reform and Consumer Protection Act, also referred to as the Cardin-Lugar Amendment, emerged following several years of work within the U.S. Congress, wherein industry, investors, and civil society were provided with ample opportunities to influence the final language of the requirements. Review this timeline of Section 1504’s legislative history.