SEC cuts off funding to groups committing human rights violations in Central Africa
Pursuant to a mandate in the Dodd-Frank Act, the US Securities and Exchange Commission recently issued final rules requiring issuers to account for the use in their products of so-called conflict minerals. The rules are intended to cut off funding to groups committing human rights violations in areas of central Africa where these critical minerals are mined. Companies that make products that use conflict minerals in their manufacture should begin determining as soon as possible whether and how the new rules apply.
Click on the link above to download this McDermott Will & Emery briefing.
News from The Lawyer
Briefings from McDermott Will & Emery
In a speech delivered at the College of Europe in Bruges on 14 January 2013, Joaquín Almunia, Vice-President of the European Commission, and Commissioner responsible for Competition, stated that the Commission hopes to settle around half of its outstanding cartel investigations in 2013, using the settlement procedure instituted in July 2008.
On 24 January 2013, the Internal Market and Consumer Protection committee of the European Parliament endorsed a new Regulation setting out customs procedures for goods suspected of infringing intellectual property rights.