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An SEC proposal to require resource extraction issuers to "disclose payments made to foreign governments or the U.S. federal government for the commercial development of oil, natural gas, or minerals" was published.
within Intellectual Property, International Law, Government and Public Sector topic(s)
An SEC proposal to require resource extraction issuers to
"disclose payments made to foreign governments or the U.S.
federal government for the commercial development of oil, natural
gas, or minerals" was published in the Federal Register. Comments
must be submitted by March 16, 2020.
As
previously covered, the proposal would require domestic or
foreign resource extraction issuers to:
annually file a Form SD;
disclose payments made by a domestic or foreign issuer, or a
subsidiary or entity controlled by the issuer; and
The SEC Commissioners issued separate statements on the proposal
(see here, here, here, here and here).
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
