February 1, 2017

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…

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February 1, 2017

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…

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February 1, 2017

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)…

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February 1, 2017

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…

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January 29, 2017

Congressional Review Act – Fact Sheet

What is the Congressional Review Act?The Congressional Review Act (CRA) (5 U.S.C. §§801-808) was enacted in 1996 and established a mechanism through which Congress can overturn a rule promulgated by a federal agency. Congress is given 60 ‘working days’ once the regulation is submitted to Congress to consider the rule and vote on a ‘resolution of disapproval’. To be successful,…

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January 29, 2017

Cardin-Lugar Provision Fact Sheet – 2017

In 2010, in an effort to empower citizens, better protect and inform investors, reverse the resource curse, and strengthen U.S. national and energy security, Senator Patrick Leahy (D-VT) introduced the Cardin-Lugar Amendment to the Dodd-Frank Act of 2010 (Section 1504). The Securities and Exchange Commission released strong, fair final rules in June 2016. Read the single page fact sheet. Read…

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