In the aftermath of the Enron and other financial scandals in the USA, a major amendment to the Securities Exchange act of 1934 was formulated. This new law, the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, was passed by the US Senate on 20 May 2010. Section 1502, generally referred to as the "Conflict Mineral Law", requires US companies to disclose the source of certain minerals in their product. The original 1934 act has been amended to include this text.
So how will these impact US businesses and those in Europe?
Follow the link for an exclusive update: