Monday, January 5, 2015

UK implements transparency guidelines for natural resource industry

The UK is moving forward in implementing transparency rules that aim to reveal the money flows between buyers, sellers and producers of natural resources. Last month it attained candidate status of the Extractive Industry Transparency Initiative. Since first January it's the first EU member state to implement the EU directive for extractive industries, which requires similar disclosure.

See here [] for the FT article, and here [] from the Natural Resource Governance Institute.

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