• Service: Advisory
  • Industry: Energy & Natural Resources, Financial Services
  • Type: White paper
  • Date: 8/10/2011

Conflict minerals provision of Dodd-Frank – implications, long-term opportunities for companies 

The conflict minerals provision, contained in Section 1502 of the Dodd-Frank Act, has a direct bearing on reporting requirements on about one-half (at least 6,000) of all publicly traded companies in the United States. Complying with the due diligence requirements of the provision is daunting and unclear; many corporations are waiting for the SEC to issue the final rule before the end of 2011. However, several corporations and industry groups have begun to trace conflict materials in their supply chain, rather than wait for SEC’s final rules, due to the tight timeline for implementation once the ruling is finalized.

In this 11-page document we highlight some of the questions you should be asking….

  • What are the rules and requirements around conflict minerals?
  • What’s currently being done in the industry about conflict minerals?
  • What is KPMG’s approach to the new regulation?

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