UPDATE: You can view a recording and slide presentation of this webinar on PwC's website.
The Extractive Sector Transparency Measures Act (ESTMA) introduces new and complex reporting requirements for mining, oil and gas organizations engaged in commercial development in Canada and abroad. The Government of Canada brought ESTMA into force on June 1, 2015. In August, Natural Resources Canada (NRCan) released official draft guidance that provides further clarity on the Act.
So, what now?
To achieve full compliance, early preparation is crucial to ensure the effective design of rigorous controls and processes to capture payments as they occur. There are several factors to consider to set your organization up for success in the first year of required reporting.
Join PwC on September 24, 2015 for a closer look at how ESTMA may impact your business. Their panel of PwC experts will cover the following topics:
• The Act is now in effect – What does this mean?
• Official guidance by NRCan – How does this help you?
• Substituted reports under the Act – A legal perspective presented by Osler, Hoskin & Harcourt LLP
• Leading practice tools – How we can help