EU METHODOLOGY AND CRITERIA FOR THE ASSESSMENT AND RECOGNITION OF SUPPLY CHAIN DUE DILIGENCE SCHEMES CONCERNING TIN, TANTALUM, TUNGSTEN AND GOLD

EU Regulation 2019/429/EU of 19th March supplements EU Regulation 2017/821/EU and sets out rules on the methodology and criteria allowing the EU Commission to assess whether supply chain due diligence schemes concerning tin, tantalum, tungsten and gold facilitate the fulfilment of the requirements of 2017 Regulation by economic operators and to recognise such schemes.  The 2018=7 Regulation sets out due diligence obligations for EU importers of tin, tantalum and tungsten, their ores, and gold which will apply from 1st January 2021; and is designed to provide transparency and certainty as regards the supply practices of EU importers and of smelters and refiners sourcing from conflict-affected and high-risk areas.  However, a number of voluntary supply chain due diligence schemes with the same or similar objectives and it is necessary to establish the methodology and the criteria to be used by the EU Commission to determine whether such a scheme should be granted recognition by the Commission.

https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=uriserv:OJ.L_.2019.075.01.0059.01.ENG&toc=OJ:L:2019:075:TOC

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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