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Sustainability // Legislation

Legislation

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US House proposes Dodd-Frank conflict minerals repeal

Post By: Jeremy Pearce on Wednesday, 21 June 2017

After a series of recent court rulings and consultations, the US House of Representatives have passed a financial regulatory bill that would overhaul many of the provisions of the Dodd-Frank Act, including a full repeal of its conflict minerals clause.

Clause 1502 of the Dodd Frank Act was a major stimulus to responsible minerals programmes and development of due diligence schemes in Central Africa, including the iTSCi project, when it was passed in 2010. US corporates registered with the...

EU publishes Conflict Minerals Regulation

Post By: Tom Mulqueen on Friday, 16 June 2017

The final text of the European Union's Conflict Minerals Regulation 2017 has been published in the Official Journal of the European Union, available here. This outlines supply chain due diligence obligations for EU importers of tin, tantalum, tungsten and gold from conflict-affected and high-risk areas.

The Regulation will be phased in, with parts effective from July 9th, and full compliance with all provisions a requirement from 1st January 2021. This aims to give companies sufficient time for implementation, which...

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