Too Weak to Work? EU’s Conflict Minerals Regulation
The European Parliament's International Trade Committee...has recently voted on the amendments to the EU's conflict minerals regulation...The Members of the European Parliament have chosen to "conserve a large part of the system based on business self-certification and responsible labeling of supply chains." The vote was in favor of a mandatory system of certification for EU's smelters and refiners...The recent ruling on the proposal has left some in disappointment...[T]he left and the Greens...believe the newly adopted system should "be binding standards at all stages in the supply chain."...The draft regulation...still needs to be approved by the entire European Parliament...What issuers and non issuers can learn from the recent conflict minerals filings will be addressed in an upcoming webinar. The webinar will assist publicly traded companies with their upcoming smelter disclosures, and non-issuers and suppliers with requests from their customers...