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Dodd-Frank 1504: Oxfam America files lawsuit against Securities and Exchange Commission
Group calls out agency for unlawfully delaying oil, gas and mining transparency provision of Dodd-Frank Act
Washington, D.C. – International relief and development organization Oxfam America has today filed a lawsuit against the Securities and Exchange Commission (SEC) for unlawfully delaying the issuance of a Final Rule implementing a provision of the Dodd-Frank Act that requires disclosure of payments from oil, gas and mining companies to the United States and foreign governments.
The Maputo Declaration - Moving from Transparency to Accountability
Eastern and Southern Africa Meeting
You can also view this declaration in PDF.
8 – 11 May. Maputo, Mozambique.
We, as coalition members of Publish What You Pay from 12 Eastern and Southern African countries, Democratic Republic of Congo, Kenya, Lesotho, Madagascar, Malawi, Mozambique, South Africa, South Sudan, Tanzania, Uganda, Zambia and Zimbabwe, met under the auspices of Publish What You Pay (PWYP), on the theme of moving from transparency to accountability.
Azerbaijan: Publish What You Pay calls for the immediate release of transparency activist Mr. Ogtay Gulaliyev
Publish What You Pay (PWYP) is gravely concerned by the arrest and continued detention of Mr. Ogtay Gulaliyev, Coordinator of the “Kura” Civil Society Headquarter* in central Azerbaijan, and member of the PWYP-affiliated Coalition for Improving Transparency in Extractive Industries.
According to a statement from the Coalition for Improving Transparency in Extractive Industries, Mr.
ExxonMobil vs. Dodd-Frank
The Dodd-Frank Wall Street Reform and Consumer Protection Act, the most sweeping financial law enacted since the Great Depression, is supposed to protect investors and shield the economy from bubbles and speculation. Its promise is hard to judge; many detailed rules are still being drafted. What can be said with confidence is that Dodd-Frank has been a boon for lobbyists.
This spring a scrum of them is grappling over a relatively obscure provision known as Section 1504.
New reporting rules loom for EU resource firms
BRUSSELS, May 11 (Reuters) – Anti-corruption law on how EU oil, gas, mining firms and the logging industry report payments to governments could be nearing agreement, following a compromise proposal that tackles industry objections to disclosing individual projects.
Talks are ongoing between the Commission, member states and the European Parliament, but a Danish presidential spokesman said he believed a deal was possible before the end of the Danish EU presidency in June.
“On accounting, we hope for agreement before the end of the presidency,” Jakob Alvi said.
A source, speaking on con
Ghana: Public Agenda's Editor Addresses EU Parliament
The Acting Editor of Public Agenda, Dr Steve Manteaw on Thursday, addressed the Legal Affairs Committee of the European Parliament as industry lobby moved to water-down draft EU legislation on Transparency and Accountability in the operations of extractive sector companies.
Sharing the platform with Alexander Woollcombe, Acting Director of the ONE Campaign office in Brussels, and industry barons, Dr. Manteaw argued fervently in favour of strong legislation.
PWYP Activist unlawfully detained in Azerbaijan
This is a statement from the Coalition for Improving Transparency in Extractive Industries in Azerbaijan. You can also view the document in PDF format.
Mr.
Don’t Sweep Report under Carpet, PWYP Nigeria Warns
The Federal Government has been called upon to ensure that the findings of the House of Representatives Committee on Oil Subsidy are not swept under the carpet; but that the weighty issues thrown up by the report are thoroughly examined and appropriate sanctions meted out to those indicted without fear or favour.
The Publish What You Pay (PWYP), a non-governmental organisation (NGO) that promotes transparency in the management of the revenues from oil and non-oil mineral industries through the public declaration of what mineral exploitation companies pay to respective countries, made this
Any exemptions to EU rules would only benefit the corrupt
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EU must not allow big oil to undermine vital transparency law
Ahead of Thursday’s meeting of the European Parliament’s Legal Affairs committee, Global Witness staged a parade of “dictators” in protest at plans to water down upcoming European laws to make oil, mining and timber companies more transparent about the billions of dollars that they pay in revenues to countries around the world.
