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Sustainability // iTSCi

iTSCi

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World Bank report recommends expansion of iTSCi in Burundi

Post By: Jonathan Paxton on Tuesday, 26 April 2016

A report by the World Bank published in April on a unique project to encourage tax transparency in the artisanal mining sector has recommended further expansion of the iTSCi Programme in Burundi. The work was carried out by Pact Inc and was performed in co-operation with the iTSCi Programme. It helped pilot aspects of the Extractive Industries Transparency Initiative (EITI) and for the World Bank to gain an in-depth understanding of the socioeconomic factors surrounding trade in the artisanal...

SEC chooses not to appeal court decision on ‘not conflict-free’

Post By: Jonathan Paxton on Wednesday, 13 April 2016

Following the publication of the Securities and Exchange Commission (SEC) conflict minerals rule in 2012, several trade groups launched a legal challenge to various requirements, one of which was supported by the District of Columbia Court of Appeals. On 14th April 2014 the Court agreed that "The label 'conflict free' is a metaphor that conveys moral responsibility for the Congo war....By compelling an issuer to confess blood on its hands, the statute interferes with that exercise of the...

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