K&L Gates

International Top 30 position: 23
International 50 position (Asia-Pacific): 7

Categories:Crime,Energy,Europe

EU Parliamentary Committee backs tough disclosure rules for extractive companies

On 18 September, 2012, the European Parliament’s Committee on Legal Affairs voted in favour of proposed EU legislation to impose disclosure obligations aimed at deterring corruption by large companies involved in extracting oil, gas and minerals and logging. The draft legislation, proposed by the European Commission in October 2011 as a new accounting directive and amendments to existing transparency legislation,2 would require companies active in the exploration, discovery, development and extraction of oil, natural gas and minerals and in the logging of primary forests to publish on an annual basis full information on their payments to national governments on both a project-by project and country-by-country basis.

Click on the link above to download this K&L Gates briefing.

Sign in or Register to continue reading this article

Sign in

Register

It's quick, easy and free!

It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.

Register now

Why register to The Lawyer

 

Industry insight

In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.

 

Market intelligence

Identify the major players and business opportunities within a particular region through our series of free, special reports.

 

Email newsletters

Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.

More relevant to you

To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.

Overview

1 New Change
London
EC4M 9AF
UK

Firmwide revenue 2012 ($m): 1,060
Global lawyers 2012: 2,000+
Jurisdiction: US
No. of offices: 11
No. of qualified lawyers: 397 (International 50)