Brussels, 17/10/2013 (Agence Europe) - On Thursday 17 October, the Council of the EU adopted a directive updating the transparency directive (2004/109) that will come into force at the end of 2015.
The new rules will require EU extractive and forestry companies to report on any special payments, taxes and bonuses paid each year to non-EU countries over and above €100,000 and to list them project by project (see EUROPE 10865 and 10824). The United States has introduced a similar measure to...