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Article

28 Aug 2012

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compiled by Business & Human Rights Resource Centre

US Dodd-Frank law - SEC vote on extractive industry revenue transparency

On 22 August 2012, the US Securities and Exchange Commission (SEC) voted to adopt regulations to implement key provisions of the 2010 financial reform law known as "Dodd-Frank". These include provisions requiring oil, gas & mining companies traded on US stock exchanges to disclose payments they make to foreign governments. [Links to statements by Enough Project, Global Witness, ONE, Oxfam America, Publish What You Pay, Revenue Watch Institute, US Social Investment Forum. Also includes articles with comments by American Petroleum Institute, Calvert Investments, US Chamber of Commerce, WACAM (Ghana). Also refers to China National Petroleum Company, Gazprom, Newmont Mining, Statoil.]