This course is an important training tool that will help companies comply with the various aspects of the Rule and avoid the severe consequences than can result from non-compliance.
Mahwah, NJ (PRWEB) April 04, 2013
WeComply, Inc., a leader in web-based ethics and compliance training for corporate employees, has announced its "Conflict Minerals Compliance" course. This course covers the fundamentals of the SEC’s new Conflict Minerals Rule, which requires publicly traded companies that use “conflict minerals” (such as tantalum, tin, tungsten and gold) in their products to make public disclosures of the origin of those minerals to the SEC. The Rule applies to companies in many industries including technology, aerospace, automotive and consumer goods. The intention of the Conflict Minerals Rule is to encourage companies to strengthen their controls over how and where they obtain such minerals so as to reduce funding to armed groups responsible for extreme violence in the Democratic Republic of Congo and adjoining countries.
The course begins with an overview of the Conflict Minerals Rule and an explanation of the compliance process. The course then discusses determining whether the Rule applies, conducting a “reasonable country of origin inquiry” and due diligence. The course concludes with discussions on the Conflict Minerals Report and the costs of non-compliance.
“The Conflict Minerals Rule adopted by the SEC in August 2012 lays out very specific requirements regarding the disclosure of the origin of certain minerals,” said Mike Pallatta, WeComply CEO. “This course is an important training tool that will help companies comply with the various aspects of the Rule and avoid the severe consequences than can result from non-compliance.”
For more information on WeComply’s Conflict Mineral Compliance course, please visit
WeComply is a leading provider of ethics and compliance training for employees in all industries and offers more than 100 courses that are easily customized and available in multiple languages both online and offline. Companies can host courses in their own LMS or use WeComply's patented system, which provides centralized administration, custom reporting and other advanced features. WeComply is the exclusive compliance training partner of Proskauer and the ACC Alliance. For more information, visit http://www.wecomply.com.