Company payments

Fact sheet on the UK Reports on Payments to Governments Regulations 2014

The Reports on Payments to Governments Regulations 2014 were signed into UK law by Business Minister Jo Swinson MP on 28 November 2014 and came into force on 1 December 2014.

The Regulations transpose into UK law Chapter 10 “Report on payments to governments” of the revised 2013 EU Accounting Directive. They require large and publicly listed oil, gas, mining and logging companies registered (i.e. incorporated) in the UK to annually disclose the payments they make to governments on a country-by-country and project-by-project basis.

Carta al Ministro de Industria, Energía y Turismo sobre las Directivas europeas

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Asunto: Eliminar la exención propuesta en las Directivas europeas sobre Contabilidad y Transparencia (reporte país por país)

Estimado Sr. Ministro:

El petróleo, el gas y la minería tienen el potencial de impulsar el desarrollo económico en países ricos en recursos naturales.

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