Reconciling the Conflict Between Securities Law Disclosure Obligations and Protecting the Corporation. How and What Should a Company Disclose in Regard to Corruption Issues in the Operating Jurisdiction.

CIM MES Vancouver is pleased to present the following upcoming, complementary, educational event (panel discussion) for your consideration (all are welcome):

Date: Thursday, February 21, 2019

Reconciling the Conflict Between Securities Law Disclosure Obligations and Protecting the Corporation. How and What Should a Company Disclose in Regard to Corruption Issues in the Operating Jurisdiction

The settlement decision by the Ontario Securities Commission in regard to Katanga Mining resulted in fines imposed on Katanga Mining because it operated in the Democratic Republic of Congo, which the OSC considered a jurisdiction that is high on the corruption scale and the company should have disclosed those risks to investors. The penalty to Katanga Mining was $28.5 million, and the individuals involved were also required to pay substantial administrative penalties and costs. The issues were also in regard to accounting and financial reporting. The decision can be found at http://www.osc.gov.on.ca/documents/en/Proceedings-SET/set_20181214_katanga-mining.pdf

Featuring:

Daniela Chimisso dos Santos, BA, LLB, LLM, SJD (Can.)
Principal Consultant, Invenient Solutions Consulting

Chris Collins, B.Sc., P.Geo., MBA
Chief Mining Advisor, Corporate Finance, British Columbia Securities Commission

Alan Franklin, JD, LLB, LLM
Managing Director, Global Business Risk Management
Academic Advisor, Athabasca University Faculty of Business

John Hinze, CPA, CA
Director, Corporate Finance, British Columbia Securities Commission

Joseph Ringwald, PEng, FCIM, CD
President and CEO, ScoZinc Mining

Click HERE for full event details: https://www.cimmes.org/blog/event/vancouver-reconciling-the-conflict/

Thank you,
Management & Economics Society (MES), Vancouver