Related Articles
Forward article link
Share PDF with colleagues

US SEC approves Dodd-Frank transparency rules

Financial regulators in the US have adopted new transparency rules

US financial regulators have adopted new rules requiring US-listed oil and gas companies to disclose a broad range of payments made to the US and other governments in countries around the world where they do business. The move had been opposed by the industry but has drawn praise from transparency campaigners as a positive step towards greater openness in the industry. The new rules were passed in a close vote – by three to two - on 22 August by the Securities and Exchange Commission (SEC) as part of the 2010 Dodd-Frank Wall Street Reform Act. Under the regulations, companies will have to report payments to governments of more than $100,000 for taxes, fees, royalties, dividends infrastructu

Also in this section
Venezuela going for broke
16 January 2018
The Maduro government wants a new deal on its debt. Things are going to get messy
Iraqi Kurdistan sinking fast
11 January 2018
The future of the KRI's oil sector is uncertain, with the federal government determined to bring all the country's production and exports back under its wing
Iraqi Kurdistan's wrong turn
11 January 2018
Burdened by political and economic crises at home, the autonomous region faces difficult talks with a newly confident federal government in Baghdad