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May 27, 2015

Shining a Light on Payments to Governments

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Over the last few years, a number of key jurisdictions have adopted regulations requiring companies engaged in natural resource extraction activities to disclose the payments they make to governments and state-owned companies. These regulatory initiatives, commonly referred to as “publish what you pay” rules, aim to promote fiscal transparency in the natural resources sector.

This client publication provides an overview of the current status of the adoption of “publish what you pay” laws, and the rules and regulations implementing those laws, in four key jurisdictions: the United States, the European Union, Canada and Australia. This publication also aims to offer some initial observations regarding how the reporting framework in each of these jurisdictions applies, or will apply once in effect, to companies, as well as some of the principal ways in which these frameworks are aligned with each other and how they differ.

View full memo, Shining a Light on Payments to Governments

Authors and Contributors

Jonathan Handyside

Counsel

Capital Markets

+44 20 7655 5021

+44 20 7655 5021

London

Yas Banifatemi

Partner

International Arbitration

+33 1 53 89 70 00

+33 1 53 89 70 00

Paris

Robert Freedman

Partner

Project Development & Finance

+1 212 848 4340

+1 212 848 4340

New York

Cynthia Urda Kassis

Partner

Project Development & Finance

+1 212 848 7969

+1 212 848 7969

New York

Jason Lehner

Partner

Capital Markets

+1 416 360 2974

+1 416 360 2974

Toronto

Anthony Patten

Partner

Project Development & Finance

+65 6230 3892

+65 6230 3892

Singapore

Michael Scargill

Counsel

Mergers & Acquisitions

+44 20 7655 5161

+44 20 7655 5161

London

Antonia E. Stolper

Partner

Capital Markets

+1 212 848 5009

+1 212 848 5009

New York