The EU’s Draft Conflict Minerals Regulation Is Voluntary and Focuses on Importers

    View Author March 2014
    On March 5, 2014, the European Commission proposed its long-awaited draft Regulation on conflict minerals. What it proposed is a voluntary self-certification system that is intended to reduce the ability of armed groups to use the trade of conflict minerals to fund their activities in conflict-affected and high-risk areas. The Regulation was proposed after many months of public consultation, an impact assessment, and extensive consultations with the Organisation for Economic Cooperation and Development (OECD), industry and individuals.