Webinar - New US Mandatory Material Declaration Requirements for Electronics
May 25 - Webinar on conflict minerals disclosure for electronics industry
OTTAWA, May 11 /PRNewswire/ - On May 25, Claigan Environmental Inc. (www.claigan.com), media sponsored by Chemical Watch, will present a webinar on the US disclosure requirements for conflict minerals. Electronics manufacturers using tin, tantalum, tungsten, or gold in their products will be required to declare whether or not their products are free of materials from the Democratic Republic of Congo (DRC) and surrounding countries. This declaration is mandatory for any electronics company filing with the SEC, or for any company supplying electronic components to companies filing with the SEC.
On July 21, 2010 the US Congress enacted legislation (Section 1502 of the Dodd-Frank Act) that requires US Securities and Exchange Commission (SEC) registrants to provide disclosures about the use of conflict minerals emanating from the Democratic Republic of Congo (DRC) and adjoining countries (DRC countries). Electronics companies using conflict minerals, or metals sourced from conflict minerals (e.g. gold, tin, tantalum, and tungsten), necessary to the functionality of a manufactured product are required to disclose the use of these minerals and their origin in their annual report. Even companies not subject to SEC filing in the United States, but that supply companies required to provide disclosure, will need to maintain similar information to allow their customers to comply.
Topics covered in this webinar will focus on complex electronic products and will include:
- Overview of Section 1502 of the Dodd-Frank Act
- Countries of origin requiring disclosure
- Impact on electronics manufacturers
- Disclosure requirements
- Mandatory "reasonable country of origin inquiries"
- Mandatory SEC disclosure
- Certified third-party audit requirement
- Due diligence and process requirements
- Methods of compliance for simple and complex electronic products
- Records and data maintenance
- Handling unknown source material
- Recycled and reclaimed material
- Integrators, distributors, and retailers
- Timelines
Due to interest in this topic, two (2) webinars are being held May 25th to accommodate a larger audience.
Webinar - Conflict Minerals Webinar - Morning Webinar
Date: 25 May 2011
Time: 10 am EDT
Duration: 1 hour plus Q&A
Register: https://www3.gotomeeting.com/register/409009182 or on Claigan Website at http://www.claigan.com/signup.php
Webinar - Conflict Minerals Webinar - Afternoon Webinar
Date: 25 May 2011
Time: 2 pm EDT
Duration: 1 hour plus Q&A
Register: https://www3.gotomeeting.com/register/578729422 or on Claigan Website at http://www.claigan.com/signup.php
About Claigan Environmental (www.claigan.com)
Claigan is a leading provider of compliance and testing solutions for restricted materials regulations. Claigan is dedicated to providing practical solutions for environmental compliance, product safety, and component engineering. At Claigan, we believe in 'More Results. Less Journey.'
SOURCE Claigan Inc.
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