The impact on oil and gas companies varies depending on type of business, use of conflict minerals, foreign government payments, the derivatives transactions it engages in and how these transactions are used.
The Dodd-Frank Wall Street Reform Act was enacted in 2010 and reaches far beyond financial institutions. The most noteworthy sections of the Dodd-Frank Act affecting the oil and gas industry are: Title VII: Derivatives and over-the-counter swaps; Section 1502: Conflict minerals; and Section 1504: Foreign government disclosures.
We help define some of the many unknowns and help put the issues you need to know in context, making them understandable and practical for your business needs. Read our insights to know what lies ahead.
Dodd-Frank and the Consumer Protection Act presents numerous challenges for the oil and gas industry. Get the facts and learn how we can help.
Read our primer on Section 1504 and understand the similarities between it and the Foreign Corrupt Practices Act (FCPA) and other similar country specific anti-bribery and corruption laws.
Learn how companies are performing the required notional value calculations for a variety of instrument types for tests under the SD and MSP designations.
Learn how the Dodd-Frank Act may apply to oil and gas companies.
Getting ready to implement Dodd-Frank? First, read this.
Companies will have to disclose annually the type and amount of payments by project and by government for payments that equal or exceed $100,000.
Companies have until 31 May 2014 to prepare their initial disclosures, but they may disclose that their products are "conflict undeterminable" for the first two years.
Quickly get up to speed on the basic aspects of the Dodd-Frank Act and how it could affect you.
How will energy producers and consumers prove they are "commercial end users" under the Dodd-Frank Act?