2 Amendments of Ana GOMES related to 2011/2056(INI)
Amendment 46 #
Draft opinion
Paragraph 6 a (new)
Paragraph 6 a (new)
6a. Welcomes the preparatory work by the Commission on a legislative proposal for extractive industry disclosure requirements for companies listed on EU stock exchanges; encourages the Commission to build on the USA disclosure provisions in Section 1504 of the “Dodd-Frank Act”; and calls for reporting requirements at country-by- country and project-by-project level without exemptions for company size or country opt-out clauses;
Amendment 47 #
Draft opinion
Paragraph 6 b (new)
Paragraph 6 b (new)
6b. Welcomes the preparatory work by the Commission on a legislative proposal that will amend the 2004 Transparency Directive to include legally binding extractive industry disclosure requirements for companies listed on EU stock exchanges; calls for reporting at country-by-country and project-by-project level, without exemptions for company size or country opt-out clauses that would undermine the legislation; encourages the Commission to build on the USA oil, gas and mining disclosure provision (Section 1504 of the Dodd-Frank Wall Street Reform and Consumer Protection Act) ensuring consistency of regulation across jurisdictions, a level-playing field for the extractives industry, and that transparency, accountable governance and economic development benefit the citizens of the countries in which the industry operates;