SEC has finally issued its second set of its conflict minerals Q&As.
These provide more information on
- the independent private sector audit (IPSA),
- certain aspects of the IPSA trigger
- whether RCOI activities should be described in the CMR
- the extent of the description of the due diligence measures that is required for the CMR; and
- applicability of “DRC Conflict Undeterminable” category
The SEC’s answers to most of the questions posed are fully aligned with guidance we have offered to many clients.
View the Q&A here.