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Conflict Mineral Compliance:
Conflict Mineral Assessments: Assent Compliance can perform a full Conflict Minerals assessment in order to outline specifically what your company's obligations are under the Conflict Minerals Provision. This includes the creation of a compliance plan that supports a reasonable country of origin inquiry and due diligence. Background
The current law, generally referred to as the "Conflict Minerals Provision", was included as Section 1502 of the Dodd–Frank Wall Street Reform and Consumer Protection Act, passed by the US Senate on May 20, 2010 and signed by President Barack Obama on July 21, 2010. Fundamentally, the US Conflict Minerals Law contains two requirements that are closely connected: independent third party supply chain traceability audits and reporting of audit information to the public and SEC. However, even companies not directly regulated by SEC will be impacted by the audit requirements because information/audit requirements will be pushed down through entire supply chains, including privately-held and foreign-owned companies. |
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