Il 22.8.12 la SEC ha approvato la norma sui “Conflict Minerals”. La normativa prevede l’obbligo di produrre un compliance report sull’origine dei minerali utilizzati nel ciclo produttivo. Molti dei "Conflict Minerals” sono comunemente utilizzati in beni di consumo e di produzione industriale e la SEC stima che circa la metà di tutte le società quotate sarà tenuta a presentare una relazione annuale. Allo stesso modo, i fornitori di queste imprese (anche se non quotati) dovranno presentare ai loro clienti una documentazione del tutto simile.
The SEC's final ruling on conflict minerals requires public companies to report on their use of conflict minerals originating from the Democratic Republic of Congo and surrounding countries. These minerals, referred to as 3TG, include tantalum, tin, tungsten and gold. While commonly used in electronics and other products, the profits from these minerals have financed conflict in the DRC region. The new regulation aims to create supply chain transparency around conflict minerals. All SEC registrants must now perform due diligence on their supply chains and report their findings in an annual Conflict Minerals Report. Non-public suppliers will also need to provide information to support their public customers' compliance with the new rules.
The document proposes bringing the asset management industry to Denver by highlighting Colorado's existing strengths that could support it. These include a highly educated workforce from several prestigious universities, a business friendly climate, and existing firms managing over $822 billion in assets. The goal is to grow this to $5 trillion by attracting more investment managers, mutual funds, private equity, and hedge funds to take advantage of Colorado's talent pool and infrastructure to establish it as a major financial center.
The article discusses tensions between supporters of developing a covered bond market in the United States and the Federal Deposit Insurance Corporation (FDIC). The House Financial Services Committee passed the US Covered Bonds Act of 2011 over objections from the FDIC. Rep. Scott Garrett, a bill co-sponsor, criticized a breakdown in communication with the FDIC and the introduction of amendments aimed at weakening the bill. The passage of the bill sets up future regulatory fights with the FDIC and political challenges gaining final approval.
El documento describe algunas cualidades importantes para el trabajo en equipo como el respeto, la comunicación, la disciplina, la tolerancia y la confianza. Estas cualidades involucran respetar a los demás, hablar con compañeros, cumplir con las reglas, respetar diferentes opiniones y tener seguridad en el equipo.
This document summarizes a study on the impacts of climate change on water resources in Himalayan basins. The study uses a hydro-glacial model to project water resources in the Beas and Chamkhar Chhu river basins under climate change. The results show warming temperatures and uncertain precipitation patterns due to climate change. This will result in less available water resources over time due to melting glaciers despite population growth accounting for approximately 40% of the projected decline in per capita water availability. The study was funded by research organizations in Norway and India.
VAC therapy has emerged as a novel adjunct to wound management over the last decade. It works by removing edema and inhibitory factors from wounds, reducing bacterial counts, and improving healing through increased blood flow, granulation tissue formation, and angiogenesis. VAC therapy finds applicability in many wound types by preparing wounds for reconstruction and securing skin grafts. It provides an economical alternative to other treatments and can help expedite healing and reduce hospital stays. However, VAC therapy is an adjunct and not a substitute for thorough debridement and other established wound care measures.
La autora reflexiona sobre lo que aprendió en el Módulo IV. Aprendió sobre los recursos virtuales disponibles y cómo usarlos en su labor docente. Participó activamente en los foros, dando y recibiendo retroalimentación. La metodología propuesta le ayudó a aprender los contenidos, aunque tuvo problemas de conectividad en ocasiones.
The SEC's final ruling on conflict minerals requires public companies to report on their use of conflict minerals originating from the Democratic Republic of Congo and surrounding countries. These minerals, referred to as 3TG, include tantalum, tin, tungsten and gold. While commonly used in electronics and other products, the profits from these minerals have financed conflict in the DRC region. The new regulation aims to create supply chain transparency around conflict minerals. All SEC registrants must now perform due diligence on their supply chains and report their findings in an annual Conflict Minerals Report. Non-public suppliers will also need to provide information to support their public customers' compliance with the new rules.
The document proposes bringing the asset management industry to Denver by highlighting Colorado's existing strengths that could support it. These include a highly educated workforce from several prestigious universities, a business friendly climate, and existing firms managing over $822 billion in assets. The goal is to grow this to $5 trillion by attracting more investment managers, mutual funds, private equity, and hedge funds to take advantage of Colorado's talent pool and infrastructure to establish it as a major financial center.
The article discusses tensions between supporters of developing a covered bond market in the United States and the Federal Deposit Insurance Corporation (FDIC). The House Financial Services Committee passed the US Covered Bonds Act of 2011 over objections from the FDIC. Rep. Scott Garrett, a bill co-sponsor, criticized a breakdown in communication with the FDIC and the introduction of amendments aimed at weakening the bill. The passage of the bill sets up future regulatory fights with the FDIC and political challenges gaining final approval.
El documento describe algunas cualidades importantes para el trabajo en equipo como el respeto, la comunicación, la disciplina, la tolerancia y la confianza. Estas cualidades involucran respetar a los demás, hablar con compañeros, cumplir con las reglas, respetar diferentes opiniones y tener seguridad en el equipo.
This document summarizes a study on the impacts of climate change on water resources in Himalayan basins. The study uses a hydro-glacial model to project water resources in the Beas and Chamkhar Chhu river basins under climate change. The results show warming temperatures and uncertain precipitation patterns due to climate change. This will result in less available water resources over time due to melting glaciers despite population growth accounting for approximately 40% of the projected decline in per capita water availability. The study was funded by research organizations in Norway and India.
VAC therapy has emerged as a novel adjunct to wound management over the last decade. It works by removing edema and inhibitory factors from wounds, reducing bacterial counts, and improving healing through increased blood flow, granulation tissue formation, and angiogenesis. VAC therapy finds applicability in many wound types by preparing wounds for reconstruction and securing skin grafts. It provides an economical alternative to other treatments and can help expedite healing and reduce hospital stays. However, VAC therapy is an adjunct and not a substitute for thorough debridement and other established wound care measures.
La autora reflexiona sobre lo que aprendió en el Módulo IV. Aprendió sobre los recursos virtuales disponibles y cómo usarlos en su labor docente. Participó activamente en los foros, dando y recibiendo retroalimentación. La metodología propuesta le ayudó a aprender los contenidos, aunque tuvo problemas de conectividad en ocasiones.
This very short document appears to be in an unknown language and contains only symbols, making it impossible to determine the topic or meaning with any accuracy in 3 sentences or less.
La psicología educativa trata sobre los procesos de aprendizaje y las técnicas para mejorarlo, incluyendo métodos como la inducción, deducción, análisis y síntesis. Estos métodos didácticos han sido desarrollados para optimizar el aprendizaje.
Raghvendra Kumar is seeking a role as a mechanical engineer fresher where he can utilize his theoretical skills and sense of responsibility. He has knowledge of engineering principles, mechanics, strength of materials, machining processes, renewable energy, automobiles, and IC engines. He is proficient in CATIA and Microsoft Office and has strong communication and soft skills. He completed projects on dynamic mechanical analysis of poly-pyrrole films and seminars on vibration analysis. He had industrial training in thermal systems and is certified in CATIA V5. He was a core member of the SAE club and NSS.
El mapa conceptual describe los valores y habilidades necesarios para trabajar en equipo de forma efectiva, incluyendo el respeto, la unión, la comunicación, la confianza, la disciplina y la tolerancia. Define el trabajo en equipo como un conjunto de personas que cooperan para lograr un objetivo común.
Seis em cada dez brasileiros pretendem passar o Réveillon com roupa novaSPC Brasil
Uma pesquisa mostrou que 60% dos brasileiros pretendem passar o Réveillon com roupa nova, menor do que os 74% do ano passado devido à situação econômica. Ainda assim, a tradição de roupa nova no Ano Novo é mantida graças ao 13o salário e promoções podem estimular mais compras para a data.
The SEC is finalizing a rule requiring companies to disclose their use of conflict minerals originating from the Democratic Republic of Congo and neighboring countries. Thousands of companies that manufacture products containing tin, tantalum, tungsten or gold will need to undertake supply chain due diligence to determine the source of these minerals and file public reports. The rule aims to increase transparency around conflict minerals and drive markets toward verifiable conflict-free supply chains. Affected companies should begin compliance work during 2012 to meet new disclosure requirements starting in early 2013. Resources Global Professionals can assist companies with compliance through their experience in global sourcing, auditing and technology issues.
Sustainable Mining: The Dodd Frank Act Section 1502 On "Conflict Minerals"RCS Global
Resource Consulting Services is a leading consultancy that specializes in extractive industries, natural resources, and supply chain management. They provide advisory services to help clients comply with regulations regarding conflict minerals. The Dodd-Frank Act Section 1502 requires companies to report whether their products contain conflict minerals from the Democratic Republic of Congo. These minerals, which include gold, tin, tantalum, and tungsten, have helped finance armed groups in eastern DRC. Companies must conduct supply chain due diligence to determine if their minerals are "conflict free". Resource Consulting Services advises clients on implementing the OECD Due Diligence Guidance to help achieve Dodd-Frank Act compliance.
Removing Conflict Minerals from Global Supply ChainsMark Morley, MBA
This presentation provides an introduction to the Dodd Frank Conflict Minerals Law and how it is likely to impact global supply chains. The law was introduced to help remove conflict minerals from global supply chains and to adhere to this law companies will need to assess their supply chains before they can submit their SEC filings. This presentation highlights how OpenText Active Community can be used as part of this assessment process.
The document summarizes requirements for companies related to reporting on conflict minerals originating from the Democratic Republic of Congo and surrounding countries. Key points:
- The SEC rule requires publicly traded companies to report on conflict minerals like tin, tantalum, and tungsten used in their products.
- Companies must conduct due diligence on their supply chains to determine if conflict minerals originate from covered countries. Additional reporting and auditing is required if they do originate from those areas.
- Industry groups have developed tools and templates to help companies comply with reporting requirements and identify conflict-free smelters and refiners. Collaborating with suppliers like contract manufacturers can also help companies meet requirements.
Conflict Minerals: Understanding Dodd-Frank 1502 and Its Affect on Your Suppl...Optimum Design Associates
On August 22, 2012 the Securities and Exchange Commission (SEC) adopted a new rule pursuant to Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act that requires publicly-traded companies in the United States to report the use of “Conflict Minerals”. Under the rule, Conflict Minerals are cassiterite, columbite-tantalite, gold woframite and their derivatives which have been limited to tantalum, tin and tungsten (collectively known as the 3Ts), that are sourced from mines in the Democratic Republic of the Congo (DRC) or surrounding countries (collectively known as the “Covered Countries”.)
While the reporting requirements only apply to publicly traded companies, it also impacts any company supplying a company that is required to report since publicly-traded companies are requiring their suppliers to support their due diligence efforts.
This paper looks at Conflict Minerals regulations from the perspective of a company in the electronics manufacturing services (EMS) in terms of the processes necessary to support disclosure requirements and the likely support services needed over time.
For more whitepapers and articles on PCBA design and manufacturing, visit http://blog.optimumdesign.com
Navigating COVID's Impact on the Financial Services IndustryCitrin Cooperman
Citrin Cooperman professionals joined InfraGard for a webinar, “Navigating COVID's Impact on the Financial Services Industry and Lessons Learned/Actions Your Company Can Take From Their Experiences: Lessons Learned and Actions Your Company Can Take From Their Experiences."
Continental Advisory Services is an investment firm that focuses on industries like oil/gas, healthcare, aerospace, and engineering. It has portfolio companies in sectors such as TMT, energy, life sciences, and professional engineering. One portfolio company, Urban Logistics Advisory Services, pools complementary engineering/logistics companies in aeronautics, TMT, engineering for real estate, software, lithium technology, and environmental risk management. The document then provides overviews of several companies that are part of ULAS, describing their operations and services in aerospace logistics, aircraft part supply, lithium battery development, engineering consulting, IT services, cybersecurity, and environmental consulting.
This survey of 231 CFOs and finance directors from nine countries found the following:
1) Narrative reporting preparation is seen as highly important, with over 50% saying their department drives the process.
2) There is no clear consensus on the most important characteristic of narrative reports, with only 29% citing providing decision-useful information to investors.
3) Legal/regulatory requirements and shareholders are considered equally important drivers of narrative reporting, despite potential incompatibility of these needs.
4) The main challenges are seen as the large number of requirements and high cost/time needed for preparation, placing a significant burden on companies.
- InduStreams helps identify relevant investors and strategic partners for infrastructure, port, and asset owners seeking funding.
- They have a large network of global investors, operators, and cargo owners as well as insight into the industries and communities.
- Their process involves understanding the client's situation/needs, engaging them through an agreement, and fast-tracking to find 3-5 high relevance investors/partners.
This document provides context on the telecommunications sector. It notes that telecom operators have weathered economic uncertainty and volatility relatively well due to their defensive positioning. However, their future growth is uncertain as investors question the levels of capital expenditure needed to support growth and whether operators or over-the-top players will monetize new offerings. Some positive trends for operators include easing mobile termination rate regulations and a slowing pace of landline decline, but telecom revenues remain linked to employment rates which are trending downward. Overall, operators can benefit from improving performance supported by structural changes, strong cost control, and network sharing.
This very short document appears to be in an unknown language and contains only symbols, making it impossible to determine the topic or meaning with any accuracy in 3 sentences or less.
La psicología educativa trata sobre los procesos de aprendizaje y las técnicas para mejorarlo, incluyendo métodos como la inducción, deducción, análisis y síntesis. Estos métodos didácticos han sido desarrollados para optimizar el aprendizaje.
Raghvendra Kumar is seeking a role as a mechanical engineer fresher where he can utilize his theoretical skills and sense of responsibility. He has knowledge of engineering principles, mechanics, strength of materials, machining processes, renewable energy, automobiles, and IC engines. He is proficient in CATIA and Microsoft Office and has strong communication and soft skills. He completed projects on dynamic mechanical analysis of poly-pyrrole films and seminars on vibration analysis. He had industrial training in thermal systems and is certified in CATIA V5. He was a core member of the SAE club and NSS.
El mapa conceptual describe los valores y habilidades necesarios para trabajar en equipo de forma efectiva, incluyendo el respeto, la unión, la comunicación, la confianza, la disciplina y la tolerancia. Define el trabajo en equipo como un conjunto de personas que cooperan para lograr un objetivo común.
Seis em cada dez brasileiros pretendem passar o Réveillon com roupa novaSPC Brasil
Uma pesquisa mostrou que 60% dos brasileiros pretendem passar o Réveillon com roupa nova, menor do que os 74% do ano passado devido à situação econômica. Ainda assim, a tradição de roupa nova no Ano Novo é mantida graças ao 13o salário e promoções podem estimular mais compras para a data.
The SEC is finalizing a rule requiring companies to disclose their use of conflict minerals originating from the Democratic Republic of Congo and neighboring countries. Thousands of companies that manufacture products containing tin, tantalum, tungsten or gold will need to undertake supply chain due diligence to determine the source of these minerals and file public reports. The rule aims to increase transparency around conflict minerals and drive markets toward verifiable conflict-free supply chains. Affected companies should begin compliance work during 2012 to meet new disclosure requirements starting in early 2013. Resources Global Professionals can assist companies with compliance through their experience in global sourcing, auditing and technology issues.
Sustainable Mining: The Dodd Frank Act Section 1502 On "Conflict Minerals"RCS Global
Resource Consulting Services is a leading consultancy that specializes in extractive industries, natural resources, and supply chain management. They provide advisory services to help clients comply with regulations regarding conflict minerals. The Dodd-Frank Act Section 1502 requires companies to report whether their products contain conflict minerals from the Democratic Republic of Congo. These minerals, which include gold, tin, tantalum, and tungsten, have helped finance armed groups in eastern DRC. Companies must conduct supply chain due diligence to determine if their minerals are "conflict free". Resource Consulting Services advises clients on implementing the OECD Due Diligence Guidance to help achieve Dodd-Frank Act compliance.
Removing Conflict Minerals from Global Supply ChainsMark Morley, MBA
This presentation provides an introduction to the Dodd Frank Conflict Minerals Law and how it is likely to impact global supply chains. The law was introduced to help remove conflict minerals from global supply chains and to adhere to this law companies will need to assess their supply chains before they can submit their SEC filings. This presentation highlights how OpenText Active Community can be used as part of this assessment process.
The document summarizes requirements for companies related to reporting on conflict minerals originating from the Democratic Republic of Congo and surrounding countries. Key points:
- The SEC rule requires publicly traded companies to report on conflict minerals like tin, tantalum, and tungsten used in their products.
- Companies must conduct due diligence on their supply chains to determine if conflict minerals originate from covered countries. Additional reporting and auditing is required if they do originate from those areas.
- Industry groups have developed tools and templates to help companies comply with reporting requirements and identify conflict-free smelters and refiners. Collaborating with suppliers like contract manufacturers can also help companies meet requirements.
Conflict Minerals: Understanding Dodd-Frank 1502 and Its Affect on Your Suppl...Optimum Design Associates
On August 22, 2012 the Securities and Exchange Commission (SEC) adopted a new rule pursuant to Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act that requires publicly-traded companies in the United States to report the use of “Conflict Minerals”. Under the rule, Conflict Minerals are cassiterite, columbite-tantalite, gold woframite and their derivatives which have been limited to tantalum, tin and tungsten (collectively known as the 3Ts), that are sourced from mines in the Democratic Republic of the Congo (DRC) or surrounding countries (collectively known as the “Covered Countries”.)
While the reporting requirements only apply to publicly traded companies, it also impacts any company supplying a company that is required to report since publicly-traded companies are requiring their suppliers to support their due diligence efforts.
This paper looks at Conflict Minerals regulations from the perspective of a company in the electronics manufacturing services (EMS) in terms of the processes necessary to support disclosure requirements and the likely support services needed over time.
For more whitepapers and articles on PCBA design and manufacturing, visit http://blog.optimumdesign.com
Navigating COVID's Impact on the Financial Services IndustryCitrin Cooperman
Citrin Cooperman professionals joined InfraGard for a webinar, “Navigating COVID's Impact on the Financial Services Industry and Lessons Learned/Actions Your Company Can Take From Their Experiences: Lessons Learned and Actions Your Company Can Take From Their Experiences."
Continental Advisory Services is an investment firm that focuses on industries like oil/gas, healthcare, aerospace, and engineering. It has portfolio companies in sectors such as TMT, energy, life sciences, and professional engineering. One portfolio company, Urban Logistics Advisory Services, pools complementary engineering/logistics companies in aeronautics, TMT, engineering for real estate, software, lithium technology, and environmental risk management. The document then provides overviews of several companies that are part of ULAS, describing their operations and services in aerospace logistics, aircraft part supply, lithium battery development, engineering consulting, IT services, cybersecurity, and environmental consulting.
This survey of 231 CFOs and finance directors from nine countries found the following:
1) Narrative reporting preparation is seen as highly important, with over 50% saying their department drives the process.
2) There is no clear consensus on the most important characteristic of narrative reports, with only 29% citing providing decision-useful information to investors.
3) Legal/regulatory requirements and shareholders are considered equally important drivers of narrative reporting, despite potential incompatibility of these needs.
4) The main challenges are seen as the large number of requirements and high cost/time needed for preparation, placing a significant burden on companies.
- InduStreams helps identify relevant investors and strategic partners for infrastructure, port, and asset owners seeking funding.
- They have a large network of global investors, operators, and cargo owners as well as insight into the industries and communities.
- Their process involves understanding the client's situation/needs, engaging them through an agreement, and fast-tracking to find 3-5 high relevance investors/partners.
This document provides context on the telecommunications sector. It notes that telecom operators have weathered economic uncertainty and volatility relatively well due to their defensive positioning. However, their future growth is uncertain as investors question the levels of capital expenditure needed to support growth and whether operators or over-the-top players will monetize new offerings. Some positive trends for operators include easing mobile termination rate regulations and a slowing pace of landline decline, but telecom revenues remain linked to employment rates which are trending downward. Overall, operators can benefit from improving performance supported by structural changes, strong cost control, and network sharing.
The document discusses how businesses have become increasingly reliant on technology and interconnected networks, leaving them more vulnerable to cyber risks. It outlines how COSO can be used as a framework to help organizations manage cyber risks and controls. Specifically, it describes how the five components of internal control - control environment, risk assessment, control activities, information and communication, and monitoring activities - relate to cyber risk management and can help organizations take a holistic, risk-based approach to addressing this challenge in a secure, vigilant and resilient manner.
Conflict Mineral Compliance Toolkit For Executives Matt Whitteker
Assent Compliance was the only software vendor that the SEC consulted with when passing the Conflict Minerals legislation. Assent has been on the ground floor and has been able to work with over 20% of S&P 500 companies in scope of the law. We've compiled this Ebook to assist with companies that need to comply. This is a play book with everything you need to know. If you want more information visit http://www.assentcompliance.com or email info@assentcompliance.com
Crowe Horwath Jamaica (www.crowehorwath.com.jm) is one of the largest public accounting, consulting, and advisory firms in Jamaica . Crowe uses its deep industry expertise to provide audit services to public and private entities while also helping clients reach their goals with tax, advisory, risk and performance services.
Crowe Horwath Jamaica serves clients worldwide as an independent member of Crowe Horwath International, one of the largest global accounting networks in the world. The network consists of more than 200 independent accounting and advisory services firms in more than 130 countries around the world.
This white paper focuses on four key areas for cleantech companies to succeed: the impact of global government policies, global opportunities for operations and funding, managing talent and corporate structure, and the need to stay focused. It provides perspectives from Grant Thornton specialists around the world on these topics. While governments express commitment to supporting cleantech, the gap between policies and practical applications is vast with many unknowns. Ultimately, cleantech company leaders must develop solutions with an awareness of policies but not an undue reliance on government support or funding to achieve success in this dynamic global industry.
The document provides an agenda and details for the Legal Week Corporate Governance & Risk Forum taking place on October 18, 2012 in London. The one-day conference will focus on issues related to corporate governance, compliance, and risk management. It will feature panel discussions, workshops, and keynote speeches from experts in these fields. Topics will include the Eurozone crisis, corporate culture, extradition laws, benchmarking governance, managing outsourced risk, and preparing for unforeseeable events. The event is aimed at in-house lawyers, compliance officers, and risk professionals.
Risk management is an important issue that every board should prioritize. Boards need to be aware of various risks companies face, including governance, critical enterprise, business expansion, business management, and emerging risks. It is important for boards to discuss risk management regularly to ensure risks are properly identified and managed. This includes evaluating risk appetite, how risks are incorporated into objectives and procedures, aggregating risk exposures, and assessing risk mitigation strategies. While audit committees often oversee risk management, other board committees should also consider risks in their areas and provide relevant information to help the board understand the full risk profile of the company.
Wolters Kluwer Financial & Compliance Services held an investor event in December 2012 in London. The presentation discussed the F&CS division's context within Wolters Kluwer, strategic priorities to drive growth, and market leadership. F&CS aims to be a global leader in finance, risk and compliance through organic investment and acquisitions. Key priorities include portfolio management, innovation, globalization, and operational excellence. The division reported growing revenues and resilient organic growth during the financial crisis.
This document discusses sourcing investors and strategic partners for infrastructure projects. It explains that InduStreams has a large network of investors, operators, and cargo owners as well as insight into both industries. InduStreams can identify the most relevant investors and executives for a project, introduce the proposition, and facilitate securing an agreement, typically through a three step process of understanding needs, engagement, and finding 3-5 high relevance investors or partners.
Economic conditions have shifted significantly since the last Wisdom Exchange. The program held in February 2009 aimed to give the presidents and CEOs of Ontario's most successful Small and Medium Enterprises the tools to both face these challenges and develop new opportunities.
Similar to Complying With Conflict Minerals One Page Italy (20)
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Complying With Conflict Minerals One Page Italy
1. OVERVIEW OF CONFLICT MINERALS REGULATION
The SEC’s final ruling on Conflict Minerals, which was issued on August
22, 2012, will affect public reporting for thousands of companies and
attempt to bring significant transparency to their supply chains. While
the SEC reporting requirements directly impact only SEC registrants, it is
anticipated that non-public companies that are suppliers to impacted
companies will also need to comply. Additionally, the EU Trade
RESOURCES Commission has been studying this topic and advised in late 2011 that a
AT A GLANCE communication on Conflict Minerals would be issued.
A global professional services firm
with a Big Four heritage: What are they and why is action being taken now?
45 of the Fortune 50 served
100% retention of top 50 clients The term conflict minerals refers to columbite-tantalite (tantalum),
Served more than half the
wolframite (tungsten), cassiterite (tin) and gold. These minerals are
Fortune 1000
Consultants have 15-20 years’ commonly referenced as 3TG. Their profits are widely acknowledged to
experience finance conflict within the Democratic Republic of Congo (DRC) and
3,000 professionals in 77offices adjoining countries. While these minerals are not all household names,
A high-value, cost-effective they are ubiquitous in this global and electronic age. They can be found
business model
in common consumer products such as jewelry, mobile phones,
computers, digital cameras and other items that use electronic circuits
and components as well as in packaging, pesticides and zippers.
The Conflict Minerals Provision, Section 1502 of the Dodd-Frank Act,
aims to create transparency that will encourage companies to source
only conflict-free minerals.
What’s next?
Now that the Provision is finalized, SEC Registrants will have to make the
necessary disclosures in conjunction with their annual financial filings.
The first Conflict Minerals Report for all companies is due on May 31,
2014, for the calendar year January 1 - December 31, 2013. The effort
required to fully comply could require many months of work.
2. COMPLYING WITH CONFLICT MINERALS REGULATION
Is your organization impacted?
Review the following steps to determine if the requirements of the Dodd-Frank Act apply to your business:
STEP 1 Are you an SEC 13(a) or 15(d) “Issuer”?
Determine Do you manufacture, or contract to manufacture products containing conflict minerals?
Applicability Are conflict minerals necessary to the functionality or production of the product manufactured by or
for you?
STEP 2 Due Conduct a Reasonable Country of Origin Inquiry (RCOI)
Diligence Using an acceptable framework (i.e., Organization for Economic Cooperation and Development
(OECD)), determine source and chain of custody of conflict minerals
Determine whether conflict minerals are from Covered Countries, scrap or recycled; describe
methods and results
STEP 3 Prepare either a Form SD or a Conflict Minerals Report and a Form SD describing the measures taken
Compliance in Due Diligence
Reporting Obtain and certify an independent third-party audit and report on methods and results
Disclose conflict minerals determination through filing Form SD and posting on publicly available
company website
Note that Suppliers to SEC 13(a) or 15 (d) “Issuers” should expect to be asked to provide information on the source of 3TG
minerals in their products.
How Resources can help QUICK DIAGNOSTIC DUE DILIGENCE
We have assisted thousands of Mapping of Supply Chain Determine Applicability
Review of Bill of Materials Reasonable Country of Origin
clients with complex and Review of Supplier Contracts Due Diligence
significant compliance initiatives. Overall readiness assessment Generate Conflict Minerals Report
Our Consultants’ possess an
average of 15-20 years of Resources Global can manage all related content, including supplier contracts,
readiness assessments, due diligence documentation and checklists, and ongoing
experience in both consulting and
audits in our proprietary content management software, policyIQ.
corporate roles, which enables us
to provide a unique and cost- INDEPENDENT AUDIT TRAINING
effective alternative to using Issue certification on: Customized training for client
o Appropriateness of the resources
traditional consulting and design Focuses on Reasonable Country of
accounting firms. We can partner o Accuracy of the description Interest and Due Diligence approach
with your internal team or of the due diligence Prepares clients for Year 1 and
measures ongoing, sustainable compliance
provide a team to help lead this
significant endeavor.
Resources Global Professionals (Italy) S.r.l.
Foro Buonaparte, 59 - 20121 Milano
Tel: +39 0289097121
The world’s leading businesses trust Resources Global with their most pressing initiatives. E-mail: info@resourcesglobal-it.com
Our accomplished professionals have expertise in finance & accounting; information www.resourcesglobal.com
management; governance, risk & compliance; human capital; legal & regulatory;
corporate advisory & restructuring; strategic communications; and supply chain
management. Founded in 1996, we are the operating subsidiary of Irvine, California-
based Resources Connection, Inc. (NASDAQ:RECN).
Consulting. From the inside out.