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Conflict Minerals Regulation explained Trade European

01/01/2021 The regulation explained. On 1 January 2021 a new law will come into full force across the EU the Conflict Minerals Regulation. It aims to help stem the trade in four minerals tin, tantalum, tungsten and gold which sometimes finance armed conflict or are mined using forced labour.

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US Conflict Minerals Law Global Witness

15/11/2017 The “conflict minerals” provision—commonly known as Section 1502 of the Dodd Frank Act—requires U.S. publicly-listed companies to check their supply chains for tin, tungsten, tantalum and gold, if they might originate in Congo or its neighbours, take steps to address any risks they find, and to report on their efforts every year to the U.S. Securities and Exchange Commission (SEC

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The Conflict Minerals Act Campaign STAND Canada

The Conflict Minerals Act campaign is the latest arm of the Conflict-Free Canada Initiative (CFCI), a campaign of STAND Canada that aims to educate citizens about the ongoing crisis in eastern Congo and its relationship to mining practices (read background document for more information). Through engagement with the Canadian public, civil society, industry, and government, our campaign

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Dodd-Frank Act Conflict Minerals (Section 1502)

Dodd-Frank Act Conflict minerals (section 1502) The Dodd-Frank Act includes reporting requirements for SEC registrants about the source of conflict minerals. Companies must make a reasonable determination whether products involve specified materials from the region. The Act ’s intent is to reduce violence in the region funded through exploitation of mining and trade activities. Metal

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Conflict Minerals Ethical Consumer

24/04/2018 Cobalt, another mineral mined in the DRC, is used in lithium-ion batteries but is not currently listed as a ‘conflict mineral’ under the Dodd-Frank Act. However, there are plans afoot to change this. Apple demonstration. Conflict minerals and electronic brands. Since 2009, the US campaign group ‘Enough’ has been working to get the big electronic brands to take responsibility for

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What Is Conflict Minerals Compliance, Exactly? Conflict

02/10/2014 In August 2012, the SEC adopted a provision mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act to require public companies to publicly disclose their use of conflict minerals that originated in the DRC or an adjoining African country. Congress enacted the conflict minerals mandate because of the humanitarian crisis linked to the exploitation and trade of

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What are conflict minerals?

Note: Conflict minerals can be extracted at many different locations around the world including the Democratic Republic of Congo (DRC). The SEC rules define conflict minerals as 3TG metals, wherever extracted. For example, tin extracted in Canada, Russia or Argentina is considered a conflict mineral by definition. In the SEC rule, “DRC conflict-free” is defined as minerals that were

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Conflict Mineral Definition EcoVadis

Section 1502 of the US Dodd Frank Act, better known as the conflict minerals provision, is the first piece of legislation aimed at breaking the links between eastern Congo’s lucrative minerals trade and abusive armed groups. It requires U.S. listed companies who believe they source from the region to carry out checks on their supply chains, known as due diligence, to determine whether their

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Conflict Minerals Act Technology, Minerals and War in

Conflict Minerals Act. Section 1502 of the Dodd-Frank Act: On July 21, 2010, President Barack Obama signed into law the Dodd–Frank Wall Street Reform and Consumer Protection Act, a bill radically reforming the regularity structure of the

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The Conflict Minerals Act Campaign STAND Canada

The Conflict Minerals Act campaign is the latest arm of the Conflict-Free Canada Initiative (CFCI), a campaign of STAND Canada that aims to educate citizens about the ongoing crisis in eastern Congo and its relationship to mining practices (read background document for more information). Through engagement with the Canadian public, civil society, industry, and

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The impact of the Conflict Minerals Act STAND Canada

12/09/2014 The Conflict Minerals Act is firmly rooted in internationally recognized due diligence standards, maintains a holistic approach to enhancing transparency and establishes clear expectations for companies. For these reasons, STAND views the Conflict Minerals Act as an important first-step for Canada in curtailing trade in conflict minerals. Transparency:

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H.R.4128 Conflict Minerals Trade Act 111th Congress

19/11/2009 This Act may be cited as the “Conflict Minerals Trade Act”. SEC. 2. Findings. Congress finds the following: (1) The Democratic Republic of the Congo was devastated by a civil war in 1996 and 1997 and a war that began in 1998 and ended in 2003, which resulted in widespread human rights violations and the intervention of multiple armed forces and armed

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New EU Conflict Minerals Regulation: What you need to know

14/01/2021 The Conflict Minerals Regulation requires EU-based importers of tin, tantalum, In 2010 the US passed legislation known as the Dodd Frank Act Section 1502. It requires companies listed on US stock markets to carry out due diligence on minerals sourced from the Democratic Republic of Congo and neighbouring countries. Several African countries,

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New EU Conflict minerals regulation Deloitte Belgium

The EU Conflict Minerals Regulation, which will apply across the EU on 1 January 2021, has been largely inspired by the US Dodd-Frank Act (2010), which itself entered into force in 2014. Building on insights from Deloitte experts in the US, the below outline draws comparisons and provides valuable insights regarding the 2010 Dodd-Frank Act’s implementation in the U.S.

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What Is Conflict Minerals Compliance, Exactly? Conflict

02/10/2014 In August 2012, the SEC adopted a provision mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act to require public companies to publicly disclose their use of conflict minerals that originated in the DRC or an adjoining African country. Congress enacted the conflict minerals mandate because of the humanitarian crisis linked to the

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Details on Canada's Conflict Minerals Act Defeat GreenSoft

26/09/2014 Bill C-486, the Conflict Minerals Act, would have implemented the same due diligence responsibilities on companies that exist in the U.S. under the SEC’s adaption of the Dodd-Frank Act. The bill was introduced to the House of Commons as a private member’s bill. A private member’s bill is a bill introduced in a parliamentary system by a member of parliament

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What are conflict minerals?

Note: Conflict minerals can be extracted at many different locations around the world including the Democratic Republic of Congo (DRC). The SEC rules define conflict minerals as 3TG metals, wherever extracted. For example, tin extracted in Canada, Russia or Argentina is considered a conflict mineral by definition. In the SEC rule, “DRC conflict-free” is defined as

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Requirements for the import of conflict minerals entered

14/01/2021 The relevant provisions of Regulation (EU) 2017/821 entered into force on 01.01.2021 and oblige Union importers of tin, tantalum, tungsten, their ores and gold to comply with certain due diligence requirements in the supply chain with regard to the origin of the aforementioned minerals and metals from conflict and high-risk areas.

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Conflict Minerals Act Technology, Minerals and War in

Conflict Minerals Act. Section 1502 of the Dodd-Frank Act: On July 21, 2010, President Barack Obama signed into law the Dodd–Frank Wall Street Reform and Consumer Protection Act, a bill radically reforming the regularity structure of the United States

get price

The impact of the Conflict Minerals Act STAND Canada

12/09/2014 The Conflict Minerals Act is firmly rooted in internationally recognized due diligence standards, maintains a holistic approach to enhancing transparency and establishes clear expectations for companies. For these reasons, STAND views the Conflict Minerals Act as an important first-step for Canada in curtailing trade in conflict minerals. Transparency: Transparency is established through

get price

New EU Conflict Minerals Regulation: What you need to know

14/01/2021 The Conflict Minerals Regulation requires EU-based importers of tin, tantalum, In 2010 the US passed legislation known as the Dodd Frank Act Section 1502. It requires companies listed on US stock markets to carry out due diligence on minerals sourced from the Democratic Republic of Congo and neighbouring countries. Several African countries, including the Democratic Republic of Congo

get price

New EU Conflict minerals regulation Deloitte Belgium

The EU Conflict Minerals Regulation, which will apply across the EU on 1 January 2021, has been largely inspired by the US Dodd-Frank Act (2010), which itself entered into force in 2014. Building on insights from Deloitte experts in the US, the below outline draws comparisons and provides valuable insights regarding the 2010 Dodd-Frank Act’s implementation in the U.S.

get price

Petition · Pass Bill C-486, the Conflict Minerals Act

The Conflict Minerals Act is a laudable bill that is firmly rooted in internationally recognized standards and maintains a flexible approach with clear expectations. It is an important first-step for Canada in curtailing trade in conflict minerals. Please join STAND in calling upon the House of Commons to pass Bill C-486, the Conflict Minerals Act. Participate in the National Day of Action on

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Is the US "conflict minerals" act working?

The Dodd-Frank Act, implemented in the United States by the country's Securities and Exchange Commission (SEC), set a June 2nd 2014 deadline for companies to declare their involvement in the production and supply of so-called "conflict minerals". Depending on your status and perspective, the legislation has modestly worked, partially worked or spectacularly failed. According to risk

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Dodd Frank Act Conflict Minerals (Section 1502)

'conflict minerals' The Act’s intent is to try and curb the violence and exploitation in the Democratic Republic of Congo ( DRC) and neighboring countries by exposing companies that use minerals derived from this region through disclosure and public pressure Metals covered commonly referred to as ‘3TG'. They are Tin, Tantalum, Tungsten and Gold Requirements are challenging, timeline is

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The Conflict Minerals (Compliance) (Northern Ireland) (EU

The Conflict Minerals (Compliance) (Northern Ireland) (EU Exit) Regulations 2020. Made. Coming into force. 1st January 2021. The Secretary of State makes these Regulations in exercise of the powers conferred by section 8C(1)(a) and 8C(5) of the European Union (Withdrawal) Act 2018. In accordance with paragraph 8F of Schedule 7 to that Act, a draft of this instrument has been laid before

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The Dodd-Frank repeal: What it means for conflict minerals

08/08/2017 With the repeal of the Dodd-Frank Act (2010) imminent, I thought it was an opportune time to reflect on whether consumer-driven governance initiatives such as

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Technology and conflict minerals Ethical Consumer

24/10/2019 Impact of policies on conflict minerals. The effects of the Dodd-Frank Act and related reforms on the situation in the DRC have been debated. Some criticisms suggest that the measures caused companies to altogether avoid sourcing minerals from the region, which led to further destructive effects on the lives and livelihoods of people.

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