Course description
The Extractive Industries Transparency Initiative (EITI) has been implemented in fifteen countries with a further 21 countries in progress. Global pressure is growing for increased transparency of payments between resource companies and governments. As part of the Dodd-Franks Act (the Cardin-Lugar amendment), from October 2013 the US SEC will require a detailed report of all payments made to all governments). The EU is consulting on similar legislation.
If your company reports under SEC rules, you will have to manage and report a large amount of data. How will your company comply, without incurring unnecessary cost?
This event will explain the background to EITI and the US legislation; explore problematic areas such as confidentiality, production entitlements and infrastructure payments; and focus on the practical implications for company reporting processes, enabling you to plan effectively.
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