Senate and Investor Champions of Section 1504 React to Strong SEC Final Rule

Champions of Section 1504 of the Dodd-Frank Act react to the release of the Security and Exchange Commission’s Final Rule. “Today is a watershed moment as the United States reclaims its position as a leader in the effort to increase global accountability and transparency. This final rule will enable citizens and local civil society organizations to hold government leaders accountable…

Welcome to Extract-A-Fact

This post originally appeared on www.extractafact.org on June 3, 2016 Publish What You Pay – United States (PWYP-US) is excited to launch the Extract-A-Fact project! “Are we getting a good deal on our natural resources?” Extract-A-Fact will provide training modules detailing useful and creative ways to find, analyze, and visualize extractives data, as well as blog posts from PWYP-US and…

The USA’s oil transparency rules: Worth the wait?

Thanks to public pressure and a lawsuit by Oxfam America, the SEC has done it, and last month saw the draft rule published. PWYP-US is currently analysing the details, but overall, it’s good news – it is comparable to the EU Directives (so most companies which are listed in both the US and EU will be able to submit the same report in both places) and the early general verdict is that this is a strong proposed rule, which requires public disclosure of payments by company and by project.