PWYP-U.S. and Global Witness Call for the U.S. to Renew its Leadership on Landmark Extractive Industry Transparency Law on the 5th Anniversary of the Dodd – Frank Act – July 15, 2015

On the 5th Anniversary of Section 1504 of the Dodd-Frank Act, Publish What You Pay U.S. and Global Witness call on the U.S. government to renew its leadership in tackling corruption in the oil, gas and mining sector by moving forward with strong implementation of Section 1504. Obstruction by big oil has delayed the Securities and Exchange Commission (SEC) rule…

Oxfam America present oral arguments in case against SEC

This post originally appeared on www.publishwhatyoupay.org In 2010, President Obama signed into law the Dodd-Frank Act, section 1504 of which obliges all extractive companies listed in the US to publicly disclose the payments they make to governments around the world. Five years on, despite inspiring similar legislation by other jurisdictions around the world, this law has yet to come into…

Are you for Big Oil or Big Data?

CSOs Put Limited Data to Good Use, Call for Project-Level Reporting What most profoundly distinguishes American Petroleum Institute (API) from civil society organizations in resource-rich countries working to make a more transparent and accountable extractives sector? (Hint: the answer we’re looking for is not “the ability to pay for an army of high-priced lawyers” – although that works too.) Put…

The Wall Street Journal’s bogus logic on Dodd-Frank and Vladimir Putin

This post originally appeared on Oxfam’s Politics of Poverty blog. I thought I had heard every possible doomsday scenario guaranteed to result from greater transparency in the extractives sector in the nearly four years since President Obama signed the Dodd-Frank Act into law. It appears I was wrong. The WSJ’s reasoning was essentially this: by requiring oil, gas and mining…

U.S. Senate calls on the SEC to schedule a rulemaking for transparency law – May 7, 2014

13 Senators have called on the Securities and Exchange Commission (SEC) to promptly schedule a rulemaking for Section 1504 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Section 1504 requires all oil, gas and mining companies listed on U.S. stock exchanges to publicly disclose their payments to governments for natural resource activities. Read the full press release here.

Civil society around the world calls on the SEC to reissue implementing rule for Section 1504

544 PWYP members from around the world wrote to the SEC Chair, Mary Jo White, urging the Commission to reissue a strong implementing rule for Dodd-Frank 1504. You can view the letter – with all its signees – in PDF. The Honorable Mary Jo White Chair U.S. Securities and Exchange Commission 100 F Street NE Washington, DC 20549-1090 Monday, 14…