Assent Compliance – Software Solutions and Expert Consulting for REACH, RoHS and Environmental Regulations
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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.
 
Conflict Mineral Report: Under the Conflict Minerals Provision, companies who determine that their products contain Conflict Minerals and companies who cannot determine the origin of their conflict Minerals must furnish a Conflict Mineral Report with the SEC. Assent Compliance can assist in the creation and submission of the Conflict Mineral Report.
 
Conflict Mineral Audits: Under the Conflict Minerals Provision, companies who furnish a Conflict Mineral Report to the SEC must obtain a third party audit of the report. Assent Compliance can provide this 3rd party audit in order to meet the legal requirements outlined by the SEC.
 
Conflict Mineral Software Solutions: The Assent system provides companies with the functionality necessary for companies to conduct a reasonable country of origin inquiry, maintain reviewable business records and meet all the IT requirements necessary under the Conflict Minerals Provision.

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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