28 Feb '17, 11am

Can corporate transparency prevail under Trump?

It is perhaps not surprising that we already have experienced setbacks for corporate transparency during the early days of the Trump administration. This month, the U.S. Congress voted to repeal Section 1504 of the Dodd-Frank Act, which required the disclosure of tax and other payments to host governments by extractives companies listed with the U.S. Securities and Exchange Commission (SEC). It also looks increasingly likely that the implementation of Section 1502 of the Dodd-Frank Act, which requires companies to report on conflict minerals due diligence efforts, will be defunded. And it would not be surprising if Section 1502 were entirely repealed in the near future. At the same time, avenues to improve the quality of company transparency on sustainability issues — such as the SEC’s consultation in 2016 on the future of Regulation S-K (PDF) , which raised the possibilit...

Full article: https://www.greenbiz.com/article/can-corporate-transparen...

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