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Reports on Payments to Governments Regulations 2014

United Kingdom Current 2014

They require large and publicly listed oil, gas, mining and logging companies registered (i.e. incorporated) in the UK to annually disclose the payments they make to governments on a country-by-country and project-by-project basis.

Issuer name

Secretary of State

Government ministry

Finance/Treasury

More information

The Regulations transpose into UK law Chapter 10 “Report on payments to governments” of the revised 2013 EU Accounting Directive.

Organizations covered by the instrument

Large private and listed companies

Target organization notes

Large and publicly listed oil, gas, mining and logging companies registered

Industry scope notes

oil, gas, mining and logging companies registered

Disclosure venue

CBCR report, Consolidated report

ESG coverage- G (Governance)

Accountability, Anti-Corruption and Anti-Competitive Behaviour

Status

Current

Country

United Kingdom

Region

Europe

Date of publication

2014

Issuer type

Governments (governmental department, agency)

Reporting requirements

Public law and regulation

Mandatory or voluntary

Mandatory

The geographical scope

National/federal

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