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Transparency ruling scrutinises payments

The implications of the recent Securities and Exchange Commission (SEC) rule on increased transparency in the extractive sector are far reaching.

Transparency ruling scrutinises payments Transparency ruling scrutinises payments Transparency ruling scrutinises payments Transparency ruling scrutinises payments Transparency ruling scrutinises payments

The SEC ruling allows for more scrutiny of mining-government relationships

Oil, gas and mining companies now face extra reporting burdens as they must now disclose all payments of over US$100,000 to governments.