"DRC Conflict Undeterminable" Category to be Eliminated in Less Than 6 Months. Is Your Conflict Minerals Compliance Program in Place?

July 21, 2014 /3BL Media/ - During a recent conversation, the lead of multiple special interest groups on conflict minerals shared this insight: most companies underestimated the resource need to implement a compliance program that leads to a successful filing. Additionally, these companies aren't considering that there's less than 6 months left in the final grace period year, in which companies can establish governance and processes for data acquisition, assessment and verification to file according to the SEC requirements.

Source Intelligence, a leading 3rd party mentioned in 2013 SEC Conflict Minerals CMR filings, has been entrusted by global companies to implement a multi-year conflict minerals compliance program in anticipation of the 'DRC conflict undeterminable' filing option ending after the second reporting year on December 31, 2014 -- less than 6 months away.

If your conflict minerals due diligence program required more resources, supplier education, and effort for quality data collection, assessment and verification than you anticipated, and you are considering a 3rd party to support your internal team for successful 2014 filings, download this analysis paper “Overcoming Supplier Resistance” for insight as you prepare for SEC Conflict Minerals filing when undeterminable is no longer an option.