developments in the Dodd-Frank Act focused largely on financial transaction transparencies and limitations set on the level of financial resources that could be used for investments. Although integrating this ongoing series of regulatory developments into SEMS appears increasing like working with a living document, the topic of financial compensation and royalties that has been with the petroleum industry should not be ignored from the discussion. The following article highlights the recent challenges to the royalty payment aspect of the industry, and what SEMS could potentially include tracking this. If you want to read more about this, click here.

 

*The author’s views and opinions are entirely his or her own and may not reflect the views and opinions of 360factors.