May 18, 2021

Volume XI, Number 138

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May 17, 2021

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European Parliament Committee Votes for a Mandatory System for Conflict Minerals Importers

On April 14, the International Trade Committee of the European Parliament (INTA) voted on the amendments to the EU’s conflict minerals regulation that were proposed by its members. The INTA committee adopted an amended report strengthening the system of due diligence for conflict minerals importers that was initially proposed.

The MEPs voted in favor of a mandatory system of certification for EU smelters and refiners. They rejected amendments seeking to extend this mandatory scheme to those who purchase minerals for the production of goods such as mobile phones and other electronics.

The draft regulation covers tin, tantalum and tungsten, their ores, and gold originating in conflict-affected and high-risk areas. Amendments proposing the extension of the scope of the legislation to other minerals and metals were rejected by the INTA committee.

Furthermore, MEPs approved the establishment of a “European responsible importer” label for importers that comply with the regulation and “European certification of responsibility” for “downstream operators.”

The draft regulation adopted by the INTA committee still needs to be approved by the European Parliament as a whole. This vote will take place in the European Parliament’s plenary session in May.

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© Copyright 2021 Squire Patton Boggs (US) LLPNational Law Review, Volume V, Number 107
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About this Author

Dynda A. Thomas, SquirePattonBoggs, Mergers and Acquisitions Lawyer
Partner

Dynda Thomas has extensive experience in the areas of mergers and acquisitions and project finance. She has had principal responsibility for numerous mergers, acquisitions and dispositions for public and private companies in a wide range of sell-side and buy-side auctions and negotiated transactions.

As leader of the Squire Patton Boggs’ conflict minerals team, Dynda focuses on relevant industries’ best practices in working with clients’ legal, procurement and compliance groups. She advises on developing and reviewing procurement policies,...

216 479 8583
Kate Stokes, SquirePattonBoggs, Brussels, Antitrust Lawyer,
Associate

Kate is an associate in the Antitrust and Competition practice based in our Brussels office.

Kate’s practice covers a range of EU competition law, including merger control, restrictive practices, market dominance, cartel investigations, sector investigations, compliance, state aid and private antitrust litigation. In addition to advising on aspects of antitrust law, Kate also advises on EU regulatory matters.

Kate previously worked in government relations for a multinational pharmaceutical company in Brussels and...

322 627 1105
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