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Reports on Payments to Governments Regulations 2014

Question for Department for Business, Innovation and Skills

UIN HL5889, tabled on 19 March 2015

To ask Her Majesty’s Government whether they will endorse the United Kingdom extractives industry’s guidance on the Reports on Payments to Governments Regulations 2014 if that guidance could in any way enable corrupt payments in resource-rich countries to stay hidden.

Answered on

25 March 2015

Any guidance that is produced by industry is for the use of the companies within that sector.

Any company completing a report on payments made to government must be confident that they have met the requirements of the regulations and where appropriate taken independent legal advice.

Answered by

Department for Business, Innovation and Skills