European Conflict Minerals Regulation — Details on What EU Importers Must Do

Mar 22, 2017 | Dynda A. Thomas and Christina Economides
View Original

The proposed European Union conflict minerals regulation has almost reached the last step before becoming an official EU regulation. On March 16, 2017, the European Parliament voted to approve the regulation, and the Council of the EU is expected to formally approve it in the weeks to come.  The Council’s vote will be the last step before the regulation is published and goes into effect. The proposed regulation includes many of the same basic provisions as the US rule, but several reporting obligations and the coverage of the regulation are broader than those of the US rule.