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FT This is Africa: Trump administration looks to weaken rules on conflict minerals

In the US, the Trump administration has ordered a review of Dodd-Frank banking regulations with view to scale back the scope of the 2010 Act.

This would include dismantling rules that requiring companies that use certain types of ‘conflict minerals’ originating in the Democratic Republic of Congo to disclose their sourcing and monitor supply chains.

The goal of Section 1502 was to ensure US-listed companies were not financially supporting armed groups that have benefitted from illegal mining to fuel the DRC’s many armed conflicts.

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