The Impending Repeal of the U.S. “Publish What You Pay” Rules for Extractive Industries

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As many readers of this blog are likely aware, the U.S. Congress is poised to invoke a statute called the “Congressional Review Act” to override the rules that the Securities and Exchange Commission promulgated last year to implement a provision of the Dodd-Frank Act (Section 1504) that required companies in the extractive industries (oil, gas, and mining) to publicly disclose the amounts that they pay to foreign governments in connection with projects abroad. (A timeline of the legislation and its implementing regs is here.)
Read the full blog post by Matthew Stephenson, Editor-in-Chief, Global Anticorruption Blog: https://globalanticorruptionblog.com/2017/02/02/the-impending-repeal-of-the-u-s-publish-what-you-pay-rules-for-extractive-industries/

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