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The New Conflict Mineral Regulation Will Apply from January 2021

The new EU rules on conflict minerals impose strict due diligence requirements on EU importers of gold, tin, tungsten and tantalum. On 19 May 2017 Regulation 2017/821, which sets out supply chain due diligence obligations for...more

A New OHADA Uniform Act on Insolvency and Restructuring in Africa

A new Uniform Act Organizing Collective Proceedings for Wiping Off Debts dated 10 September 2015 (the “Uniform Act”) has been published in the OHADA Official Gazette on 25 September 2015 and will enter into force on 24...more

World Bank Publishes New Findings on Doing Business in Africa

The World Bank has recently released the 2015 edition of its annual Doing Business report. This publication is significant for businesses considering expansion in Africa because it signals which countries may be poised to...more

New Disclosure Rules for Extractive Companies Coming Into Force Soon

UK companies, including UK subsidiaries of EU companies, face tougher anti-corruption rules from next year. Under chapter 10 of the EU Accounting Directive (2013/34/EU) (“the Accounting Directive”) and the EU...more

Changes to the AIM Rules for Companies

On 13 May 2014, the London Stock Exchange (the "Exchange") published AIM Notice 39. The notice provided feedback on AIM Notice 38 (which consulted on proposed changes to the AIM Rules for Companies (the "AIM Rules") and the...more

Proposed EU Legislation on Conflict Minerals Published

On 5 March, the European Commission (“the Commission”) published its long-awaited draft legislation on conflict minerals. The proposal for a regulation setting up a Union system for supply chain due diligence...more

Investment Protection Alert: Zimbabwe Indigenization Program

Following the re-election of President Robert Mugabe, the Zimbabwe Government is now reported to be pushing forward with its policy of “indigenization” of the country’s economy, which consists of ensuring that indigenous...more

Mind the Gap - LSE announces plans for new High Growth Segment

Following the announcement last September that the government was encouraging the London Stock Exchange ("LSE") to relax its rules for tech companies, the LSE last week formally announced its plans for a new High Growth...more

United Kingdom Office of Unconventional Gas and Oil - New Fracking Controls

A new office within the Department of Energy and Climate Change (DECC) has been formed to oversee the exploitation of shale gas by fracking and other types of unconventional oil and gas exploitation in the UK. The...more

12/20/2012  /  DECC , Fracking , Oil & Gas , Shale Gas

A trend towards transparency – combating corruption in oil and gas

Originally published in Drillers and Dealers: Expert's Insights - October 2012. Recent months have brought two important developments in the global trend towards transparency and accountability in the oil and gas...more

11/15/2012
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