PWYP in the news

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.

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

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.

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

An antigraft group on Wednesday questioned Indonesia’s commitment to join an international initiative designed to combat corruption in the oil, gas, mining and logging sectors.

On Oct. 19, 2010, Indonesia was named as a candidate country by the Extractive Industries Transparency Initiative.

The Norway-based initiative, sponsored by the World Bank, would put Indonesia on close international watch, ensuring that all state revenue generated by the extractive industries is open to public scrutiny.

LOCAL Euro MP Phillip Bennion has pledged to back a campaign to force multinational companies to reveal how much they pay to extract oil, gas and other resources from third world countries.

Development charity leaders supporting the ‘Publish What You Pay’ campaign met Phil and other MEPs in Brussels last week.

Tearfund, with Micah Challenge International, brought 30 campaigners from five European countries to the European Parliament to lobby for strong transparency rules at EU level for extractive companies.

The move follows proposed changes to the EU Transparency and Accounting Direc

LOCAL Euro MP Phillip Bennion has pledged to back a campaign to force multinational companies to reveal how much they pay to extract oil, gas and other resources from third world countries.

Development charity leaders supporting the ‘Publish What You Pay’ campaign met Phil and other MEPs in Brussels last week.

Tearfund, with Micah Challenge International, brought 30 campaigners from five European countries to the European Parliament to lobby for strong transparency rules at EU level for extractive companies.

The move follows proposed changes to the EU Transparency and Accounting Direc

Lib Dem Euro MP Phillip Bennion has pledged to back a campaign to force multinational companies to reveal how much they pay to extract oil, gas and other resources from third world countries.

Development charity leaders supporting the ‘Publish What You Pay’ campaign met Phil and other MEPs in Brussels this week.

Tearfund, with Micah Challenge International, brought 30 campaigners from five European countries to the European Parliament to lobby for strong transparency rules at EU level for extractive companies.

The move follows proposed changes to the EU Transparency and Accounting Dir