Conflict Minerals Reporting Deadline: Is Your Business Ready?

May 7, 2014 | Jeff Leinaweaver, The Guardian
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As US businesses scramble to meet the US Securities and Exchange Commission’s conflict minerals disclosure rule – with the first reporting deadline rapidly approaching 2 June – some are complaining of uncertainty and other concerns, while others say they are ready.

A PwC study (pdf) released in April found that many companies – 26% of respondents – are running behind on preparing their disclosures, even though 89% have at least one full-time staffer working on their conflict minerals compliance efforts (and some have more than five).