Blog launched to address compliance with recent US Securities & Exchange Commission rule over conflict minerals

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Article
3 January 2013

2013 and the Conflict Minerals Rule: What Reporting Companies Should Know for the New Year

Author: Dynda A. Thomas, Conflict Minerals Law blog, Squire Sanders

[U]nless the current legal challenge is successful, reporting companies with necessary conflict minerals will be required to file a specialized disclosure report on or before May 31, 2014 that will include disclosure...for the initial reporting period of January 1, 2013 through December 31, 2013...If they haven’t already done so, reporting companies should begin to identify the products that they “manufacture” or “contract to manufacture” that contain necessary conflict minerals. In addition, reporting companies should create an internal team that includes senior management from various departments...to manage their compliance activities and policies. Companies that take a “wait-and-see” approach in the beginning of the new year may find themselves behind the eight ball come next year when they have to report on their conflict minerals use.

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Article
3 January 2013

Squire Sanders Launches Conflict Minerals Compliance Blog

Author: Squire Sanders

Squire Sanders...launched...a blog addressing all aspects of compliance with the rule recently adopted by the US Securities and Exchange Commission (SEC) governing the use of conflict minerals (tantalum, tin, tungsten and gold) that originate from the Democratic Republic of the Congo, Angola, Burundi, Central African Republic, the Republic of the Congo, Rwanda, South Sudan, Tanzania, Uganda or Zambia...The blog will serve as a discussion forum for reporting companies undertaking due diligence and disclosure efforts to comply with the rule. Topics of interest will include commentary on relevant conflict minerals news stories, updates regarding the recent challenge to the conflict minerals rule and guidance relating to rule compliance.

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