PWYP stock exchange listing requirements is gathering pace in the UK

Last week the founder of the Open Society Foundations, George Soros, spoke to a senior gathering of UK MPs and Peers at a reception in the House of Commons about the importance of oil and mining transparency

Mr Soros has been a key supporter of the Publish What You Pay coalition since 2002. Simon Taylor, Director of Global Witness, joined Mr Soros to update UK Parliamentarians on the new transparency legislation in the US and to ask the UK Government to make the new standards truly global by introducing parallel rules for the London Stock Exchange.

MPs and Peers at the event welcomed the historic step forward the US has taken with the transparency provisions in the Dodd-Frank Act and are pledging their support for similar legislation in the UK through a Parliamentary Early Day Motion.