EU CONFLICT MINERALS REGULATION – STEP 1: AND US CONFLICT MINERALS FLOWCHART GUIDE

On 12th April, Squire Patton Boggs published a briefing that says that while many companies are working to complete their due diligence and prepare conflict minerals disclosure for their SEC filings in the US due on May 31st, others are considering whether they will be subject to the EU Conflict Minerals Regulation when its due diligence and disclosure obligations take effect on 1st January 2021.  It notes that the EU Regulation makes it easy for companies to determine whether they are covered by the Regulation – they need only review their EU Customs Declarations against Annex I of the Regulation.  The law firm says it will issue an interactive EU Conflict Minerals flowchart guide shortly.

https://www.conflictmineralslaw.com/2018/04/12/eu-conflict-minerals-regulation-step-1-check-your-customs-declarations/#page=1

Meanwhile, the firm’s US Conflict Minerals flowchart is available at –

https://media.squirepattonboggs.com/pdf/compliance/Conflict-Minerals-Interactive-Flowchart.pdf

OVERSEAS BUSINESS RISK – HONG KONG

The latest update from the UK FCO in its Overseas Business Risk series is this one, which provides information on key security and political risks which UK businesses may face when operating in Hong Kong, and looks at the intellectual property, organised crime, human rights, bribery and corruption and terrorism risks that UK businesses may face when operating there.

https://www.gov.uk/government/publications/overseas-business-risk-hong-kong