It’s been more than one year since the conflict minerals rule, Section 1502 of the 2010 Dodd-Frank Act, was adopted. With just six months left for the first compliance reporting deadline, I’m prompted to ask: How are companies doing?
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According to a survey conducted in June and July 2013, by ThriveOnRisk and ComplianceOnline, and sponsored by MetricStream, 42 percent of organizations have initiated supplier surveys, and 15 percent have already received supplier inputs. Clearly, companies are actively moving toward completing their reasonable country of origin inquiries (RCOIs). So, what’s next?
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