Article
Company-by-company, project-by-project, no exemptions. Your move, SEC. [Canada]
The Resource Revenue Transparency Working Group [composed of Mining Association of Canada, Producers and Developers Association of Canada...Publish What You Pay Canada and...Revenue Watch Institute, published its recommendations] on mandatory payment disclosure by extractive industry firms...listed on Canadian stock exchanges...to all host governments. The working group recommended that this occur on a company-by-company and project-by-project basis...[Canada] committed to adopt mandatory reporting rules at last year's G8...The mining industry’s endorsement of mandatory reporting...comes as the Securities and Exchange Commission [in the USA] gets set to re-write its own extractives disclosure regulations after last year’s court ruling, which vacated the rules and ordered a re-write...The EU...adopted disclosure rules last summer, and the UK is aiming to adopt their final regulations for the...London Stock Exchange by the end of this year [refers also to BHP Billiton, Vale, Rio Tinto, AngloAmerican, Newmont, GlencoreXtrata, Barrick Gold].