The PWYP UK coalition has engaged with UK and European Union politicians, officials, companies, investors and other stakeholders to campaign for mandatory reporting rules for oil, gas and mining companies. In June and November 2013 the EU adopted the Transparency and Accounting Directives, which oblige all EU-listed and large EU-registered extractive companies to publish what they pay to governments in all countries where they operate.
The coalition campaigned, and worked with, the UK Government to achieve early and effective UK transposition and implementation of these requirements, and to ensure that the country- and project-level payment data published under the Directives meets Open Data principles and that UK Extractive Industries Transparency Initiative (EITI) data does the same.
PWYP UK also works with the PWYP International Secretariat and other country coalitions on broadening mandatory disclosure rules to other capital markets.
PWYP UK Steering Group
Anne Lindsay – CAFOD
David McNair – ONE
Dominic Eagleton – Global Witness
James Royston – PWYP International
Joseph Stead – Christian Aid
Joseph Williams – Natural Resource Governance Institute
Miles Litvinoff holds a consultancy contract with Global Witness for his duties as PWYP UK Coordinator. Activities in the scope of this contract include coordination in relation to ensuring effective UK implementation of the EU Directives’ country- and project-level reporting requirements for extractive companies and engaging with and leveraging the UK EITI process. PWYP UK members pool funding via this contract to fund the work of the PWYP UK Coordinator.
Updated PWYP UK fact sheet on UK regulations and rules for mandatory reports on payments to governments
January 2016 – PWYP UK’s updated fact sheet explains in detail the UK’s implementing regulations and rules for UK-registered and UK-listed extractive companies required to report their payments to governments under the EU Accounting and Transparency Directives. Read the fact sheet.
PWYP UK urges UK Government to advance natural resource transparency in third OGP National Action Plan
December 2015 – As the UK Government develops its third Open Government Partnership National Action Plan for 2016-18, PWYP UK and the Natural Resource Governance Institute are engaging with officials to advance the UK’s contribution to payment and revenue transparency in the world’s oil, gas and mining industries by: (1) ensuring that UK- (London Stock Exchange-) listed as well as UK-incorporated extractive companies report their payments using open data; (2) working for EU-wide transparency in oil, gas and minerals commodity trading; (3) extending extractives disclosure to transportation and export activities, payments to governments for social expenditures and payments to state security forces; (4) extending the UK disclosure regime to companies listed on AIM (London’s Alternative Investment Market) and influencing the Overseas Territories and Crown Dependencies to require disclosure. Read our commodities trading transparency briefing and general OGP briefing.
PWYP UK urges UK Treasury to require open data reporting by all London Stock Exchange-listed extractive companies
July 2015 – With the UK Treasury still appearing reluctant to prescribe open data payment reporting for non-UK-incorporated London-listed extractive companies, PWYP UK members have written to the Financial Secretary to the Treasury, David Gauke MP, highlighting this inconsistency with the UK’s Open Government Partnership and 2013 G8 commitments on open and machine-readable data and urging a rethink. Read the letter here. PWYP UK followed up with a letter to Cabinet Office Minister with responsibilities for the UK’s Open Government commitments, Rt Hon Matthew Hancock MP, here.
PWYP UK writes to outgoing government ministers to acknowledge progress on extractives transparency
April 2015 – As the general election campaign opened, PWYP UK wrote to Prime Minister David Cameron, Deputy Prime Minister Nick Clegg, Business Secretary Vince Cable and Business Minister Jo Swinson to acknowledge outgoing government ministers’ important contribution to advancing the global standard for extractive industry transparency during the last Parliament.
PWYP UK Members write to UK ministers to urge rejection of faulty industry guidance
February and March 2015 – PWYP UK members have written to Deputy Prime Minster Nick Clegg and Business Minister Jo Swinson to express concern about current industry guidance for the UK extractive industry reporting regulations. Civil society’s legal advice states that the draft guidance is inaccurate, incorrect and misleading. Former Shell Vice President Alan Detheridge has also written to the Business Minister to alert the Government to flaws in the guidance.
QC’s legal opinion supports PWYP UK position on industry guidance
February 2015 – Legal opinion from K.P.E. Lasok QC, a leading EU law specialist and Head of Monckton Chambers, finds that draft industry guidance for the UK extractive industry reporting regulations is “inaccurate”, “incorrect”, “highly unsatisfactory”, “misleading and wrong”. Read the two opinions here and here.
Fact sheet on the UK Reports on Payments to Governments Regulations 2014
January 2015 – Download a combined summary of key requirements of the UK’s reporting regulations for registered extractive companies and its reporting rules for publicly listed extractive companies, and their relation to provisions in the EU Accounting and Transparency Directives, here (updated November 2015).
UK applies transparency law to extractive companies publicly listed on UK-regulated markets
December 2014 – With the Disclosure and Transparency Rules (Reports on Payments to Governments) Instrument 2014 coming into force on 22 December 2014, the UK completed implementation of anti-corruption provisions for UK-listed oil, gas, mining and logging companies under the 2013 EU Transparency Directive, following its implementation of these provisions for UK-registered companies under the 2013 EU Accounting Directive.