Letter from 12 Senators calling on the SEC to reissue a strong rule for Section 1504

Senator Benjamin Cardin along with Senators Leahy, Brown, Markey, Whitehouse, Kaine, Shaheen, Menendez, Coons, Warren, Murphy, and Merkley sent a letter dated April 4, 2017 to Acting SEC Chair Michael Piwowar and SEC Commissioner Kara Stein. The Senators call on the SEC to reissue a strong anti-corruption safeguard on oil, gas, and mining companies implementing the requirements of Section 1504…

Senate Republicans Urge SEC to Align U.S. Transparency Efforts With Global Standard – February 3, 2017

Download this statement as a pdf For Immediate Release: February 3, 2017 Contact: Jana Morgan, Director – jmorgan@pwypusa.org Mobile: 703-795-8542 Senate Republicans Urge SEC to Align U.S. Transparency Efforts With Existing Global Standard Transparency Coalition Responds On February 2, Senators Corker, Collins, Rubio, Isakson, Graham and Young sent a letter to the Securities and Exchange Commission (SEC) alerting the agency…

A gift for Putin, courtesy of Congress

With unresolved questions lingering about Russia’s interference in one of this country’s most hallowed democratic traditions, our election, it is peculiar that one of the apparent priorities of the new Congress is to hand Russian president Vladmir Putin a rather valuable gift. Only one month on the job the House has rushed to kill a regulation intended to make it…

Global Witness – Oil and Conflict Fact Sheet

Oil production in fragile states increases the likelihood of violent insurgencies and increases their duration and intensity, while oil revenue that could be used to reduce aid dependency and fund development often fuels corruption and weakens governments instead. Driving greater accountability and transparency is important not just as a humanitarian concern, but for the national security of the United States…

Letter from Iraqi and Yemeni Organizations to US Congress on the Importance of Cardin-Lugar Anti-Corruption Rule

As civil society representatives from Iraq and Yemen, working to combat corruption in the oil industry, we write to express our extreme concern at the proposal to repeal the United States’ world-leading transparency law through a Congressional Review Act resolution of disapproval. Undoing this regulation could undermine the national security of both the U.S. and our own countries. Read the…

Open Message from PWYP Global Coalition to US-listed EITI Companies

Download the full statement. See the list of responses collected by Business & Human Rights Resource Centre. Open message from the Publish What You Pay global coalition (1 February 2017) To US-listed EITI-supporting companies: Anglo American, AngloGold Ashanti, ArcelorMittal, Barrick Gold, BHP Billiton, BP, Chevron, Conoco Philips, Eni, Exxon Mobil, Freeport-McMoran, Glencore, Goldcorp, Gold Fields, Hess Corporation, Hudbay, Iamgold, Kinross,…

Petition from Professors and Alumni of St. Lawrence University to Senator Collins re: Cardin-Lugar Anti-Corruption Provision

Dear Senator Collins: We, the undersigned 154 students, alumni and professors of St. Lawrence University1 write to ask you to stand up against corruption. The bipartisan Cardin-Lugar Anti-Corruption provision is under attack in Congress. This groundbreaking law requires oil, gas and mining companies to publicly report their payments for access to natural resources in every country of operation, including the…

Cardin-Lugar Provision – US Energy Energy Security and National Security – Fact Sheet

Corruption, secrecy, and government abuse have catalyzed conflict, instability, and violent extremist movements globally: Corruption and mismanagement of natural resource revenues, can breed discontent and resentment, and, ultimately, violence and conflict. The terrorist groups currently posing the gravest threats to the United States and its allies have taken root in highly fragile countries or regions with certain defining characteristics: 1)…

Myth Busting: The Truth About the Cardin-Lugar Anti-Corruption Provision

The Cardin-Lugar provision is a landmark piece of bipartisan legislation. The final anti- corruption rule implementing the Cardin-Lugar provision passed by the SEC in June 2016 significantly advances international efforts to curb corruption and has been applauded by investors, companies and governments around the world. However, a great deal of misinformation has been spread about the rule. Below you will…