European Regulation on Conflict Minerals
On the 3rd of April, the Council of Europe, after reaching an agreement with the European Parliament, adopted a regulation obliging EU companies to source their imports of tin, tantalum and gold responsibly.
The Regulation, which will become binding from 1 January 2021, also requires companies to ensure that their supply chains do not contribute to funding armed conflicts through the application of due diligence.
The full text of the Regulation can be accessed here.
