Monthly Archives: August 2012

The Dark Cloud of Deep Packet Inspection

Cloud computing security conceptCloud computing is transforming entire industries by making massive quantities of computing power available to even the smallest companies on a pay-as-you-go, use-what-you-need basis. Like all new technologies, however, the innovations that have made cloud computing possible also have a darker side. In an article for Ars Technica, veteran journalist Sean Gallagher explains how network hardware manufacturers are combining packet inspection technology with cloud-scale storage and processing capabilities to build internet surveillance systems that can watch the moves that millions make online.… More

SEC Issues Final Rule on Extractive Industry Transparency

Magnifier over FiguresOn August 22, the Securities and Exchange Commission (“SEC”) voted two to one in favor of a final rule implementing Section 1504 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Commissioners Schapiro and Paredes were recused from the vote. A copy of the final rule is available here (.pdf).

As discussed in previous posts, Section 1504 directs the SEC to issue rules requiring extractive companies (oil,… More

SEC Issues Long-Delayed Rule on Conflict Minerals

iStock_000008911157XSmall(2)Earlier today, at an open hearing, the Securities and Exchange Commission (‘SEC”) voted in favor of a final rule on conflict minerals. A copy of the final rule is available here (.pdf).

As discussed in previous posts, Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act directed the SEC to issue a rule defining specific disclosure requirements for issuers for which conflict minerals are “necessary to the functionality or production of a product” manufactured,… More

Newly Released Draft Equator Principles Reflect Greater Focus on Human Rights

The proposed draft of the revised Equator Principles, released on August 13, reflects a greater focus on human rights, with explicit mention of the expectation of human rights due diligence as set forth in the U.N. Guiding Principles on Business and Human Rights. The revised Principles also cover a wider range of project financing structures in recognition of the fact that the project finance market has diversified significantly since the Principles were first released in 2003.… More

Responsible Investment in Burma (Myanmar): An Experiment that Cannot Afford to Fail

Amy Lehr, the author of this post, will be presenting during a webinar on “Responsible Business in Myanmar: Operating Context, Sanctions, and International CSR Standards,” this Thursday, August 16, at 11:00 a.m. She will be joined by John Ruggie and Gare Smith. Information on registration can be found here.

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The U.S. decision to ease financial and investment sanctions on Burma for the first time since 1997 is a landmark – and controversial – moment.… More