You are on page 1of 7





%ULHILQJSDSHUE\WKH1RUZHJLDQ5HIXJHH&RXQFLO¶V,QWHUQDO
'LVSODFHPHQW0RQLWRULQJ&HQWUHRQIRUFHGGLVSODFHPHQWLQ0H[LFRGXH
WRGUXJFDUWHOYLROHQFH


'HFHPEHU



 'UXJFDUWHOYLROHQFHLQ0H[LFR¶VQRUWKHUQVWDWHV

,QWKH0H[LFDQJRYHUQPHQWRI)HOLSH&DOGHUyQODXQFKHGDPLOLWDU\RIIHQVLYH
DJDLQVWWKHFRXQWU\¶VGUXJFDUWHOV7KHLQWHUYHQWLRQRIWKHDUPHGIRUFHVLQFRUQHULQJ
ULYDOJURXSVUHSRUWHGO\VSDUNHGYLFLRXVWXUIZDUVRYHUSUHYLRXVO\DJUHHGWUDIILFNLQJ
URXWHV$VPDQ\DVSHRSOHKDYHGLHGLQWKHHQVXLQJZDYHRIYLROHQFHDQG
VRPHUHIHUWRWKHVLWXDWLRQDVRQHRIDUPHGFRQIOLFWRULQVXUJHQF\KDVVHHQ
WKHZRUVWYLROHQFHVRIDUSDUWLFXODUO\LQQRUWKHUQDUHDVERUGHULQJWKH8QLWHG6WDWHV
ZKHUHFRYHWHGWUDIILFNLQJURXWHVDUHFRQFHQWUDWHG

7KHFDUWHOVGRQRWKDYHDQLGHRORJ\RUSROLWLFDODJHQGDWKDWFKDOOHQJHVWKHVWDWHEXW
WKH\KDYHLQFUHDVLQJO\DWWDFNHGSXEOLFRIILFLDOVMXGJHVDQGLQYHVWLJDWRUVOHDGLQJ
VRPHFRPPHQWDWRUVWRWDONDERXWWKHJURZLQJ³&RORPELDQLVDWLRQ´RI0H[LFR7KH
FDUWHOVKDYHDVVDVVLQDWHGDVPDQ\DVPD\RUVRIVPDOOWRZQVDQGWKH\KDYHDOVR
WDUJHWHGDQGNLOOHGMRXUQDOLVWV

7KHIRUFHGGLVSODFHPHQWFDXVHGE\WKLVZRUVHQLQJYLROHQFHKDVEHHQODUJHO\
RYHUORRNHG)LJXUHVIRUGLVSODFHPHQWFDXVHGE\GUXJFDUWHOYLROHQFHDUHKDUGWRFRPH
E\EXWHVWLPDWHVSODFHWKHQXPEHURISHRSOHZKRKDYHIOHGWKHLUKRPHVDWDURXQG
5RXJKO\KDOIRIWKRVHDUHWKRXJKWWRKDYHFURVVHGLQWRWKH8QLWHG6WDWHV
ZKLFKZRXOGOHDYHDERXWSHRSOHOLYLQJDVLQWHUQDOO\GLVSODFHGSHRSOH ,'3V 

7KH:DOO6WUHHW-RXUQDO$PHULFDV1RYHPEHUKWWSRQOLQHZVMFRPDUWLFOH

6%KWPO
6XOOLYDQDQG(ONXV&DUWHOYV&DUWHO0H[LFR¶V&ULPLQDO,QVXUJHQF\LQ6PDOO:DUV-RXUQDO

DYDLODEOHDWKWWSVPDOOZDUVMRXUQDOFRPEORJMRXUQDOGRFVWHPSVXOOLYDQSGI
)RUH[KDXVWLYHPHGLDFRYHUDJHRIWKHYLROHQFH¶VLPSDFWLQVHH7KH1HZ<RUN

7LPHV¶DQGWKH:DVKLQJWRQ3RVW¶VVSHFLDOVHFWLRQVRQWKHVXEMHFWDYDLODEOHDWKWWS
WRSLFVQ\WLPHVFRPWRSQHZVLQWHUQDWLRQDOFRXQWULHVDQGWHUULWRULHVPH[LFRLQGH[KWPO"
TXHU\ '58*&$57(/6 ILHOG GHV PDWFK H[DFWDQGKWWSZZZZDVKLQJWRQSRVWFRPZSVUY
ZRUOGLQWHUDFWLYHVPH[LFRDWZDU
(O3DtVZZZHOSDLVFRPDUWLFXORRSLQLRQFRORPELDQL]DFLRQ0H[LFRHOSHSXRSL

HOSHSLRSLB7HV
&KLVWLDQ6FLHQFH0RQLWRUZZZFVPRQLWRUFRP:RUOG$PHULFDV:K\VRPDQ\PD\RUV

DUHQRZWDUJHWVLQ0H[LFDQGUXJZDU


0H[LFR)RUFHGGLVSODFHPHQWGXHWRGUXJFDUWHOYLROHQFH
,'0&%ULHILQJ'HFHPEHU



7KLVSDSHUGRHVQRWFRYHULQWHUQDOGLVSODFHPHQWFDXVHGE\WKH=DSDWLVWDXSULVLQJ
LQ&KLDSDV6WDWHZKHUHXSWRSHRSOHUHSRUWHGO\UHPDLQGLVSODFHG1HLWKHUGRHV
LWDGGUHVVGLVSODFHPHQWLQWKHVRXWKHUQVWDWHVRI2D[DFDDQG*XHUUHURZKHUHSHRSOH
KDYHUHFHQWO\IOHGYLROHQFHEHWZHHQFRPPXQLWLHVGLYLGHGDORQJUHOLJLRXVDQGSDUW\
SROLWLFDOOLQHVDQGE\SDUDPLOLWDU\JURXSVLQWKHLUVWUXJJOHIRUSROLWLFDODQGWHUULWRULDO
FRQWURO)RUPRUHRQWKRVHVLWXDWLRQVVHH,'0&¶VODWHVWXSGDWHRQ0H[LFR


 )RUFHGGLVSODFHPHQWDVDQRXWFRPHRIGUXJFDUWHOYLROHQFH

)RUFHGGLVSODFHPHQWFDXVHGE\GUXJFDUWHOYLROHQFHKDVEHHQPRUHYLVLEOHDQGEHWWHU
GRFXPHQWHGLQWKHQRUWKHUQERUGHUVWDWHVRI&KLKXDKXDDQG7DPDXOLSDVWKDQLQRWKHU
SDUWVRIWKHFRXQWU\7KHYLROHQFHLQ&KLKXDKXDKDVIRUFHGLQGLYLGXDOIDPLOLHVDQG
SHRSOHWRIOHHPDNLQJWKHLUGLVSODFHPHQWYLUWXDOO\XQWUDFHDEOHZKLOHLQ7DPDXOLSDV
PDVVGLVSODFHPHQWVKDYHWDNHQSODFHLQLQVRPHFDVHVDIIHFWLQJHQWLUHWRZQV

7KLVSDSHUIRFXVHVRQ&LXGDG-XiUH]DQG9DOOHGH-XiUH]LQ&KLKXDKXDDQG&LXGDG
0LHULQ7DPDXOLSDV'UXJUHODWHGYLROHQFHDOVRWDNHVSODFHLQRWKHUVWDWHVDORQJ
0H[LFR¶VERUGHUZLWKWKH8QLWHG6WDWHVVXFKDV1XHYR/HyQDQG%DMD&DOLIRUQLD
DVZHOODVLQRWKHUVWDWHVVXFKDV6LQDORDDQG0LFKRDFiQDQGPD\EHFDXVLQJ
GLVSODFHPHQWLQWKRVHDUHDVWRR

0DVVGLVSODFHPHQWLQ7DPDXOLSDV

'UXJFDUWHOYLROHQFHKDVKLW7DPDXOLSDVSDUWLFXODUO\KDUGLQDQGZLWKWZR
FDUWHOV±WKH=HWDVDQG&DUWHOGHO*ROIR±ILJKWLQJIRUFRQWURORIWUDIILFNLQJURXWHV
WKHVWDWHIDFHVPDMRUVHFXULW\FKDOOHQJHV6RPHVRXUFHVVXJJHVWWKDWWKHYLROHQFHKDV
VSUHDGWRDVPDQ\DVRI7DPDXOLSDV¶VPXQLFLSDOLWLHVDQGWRQHLJKERXULQJVWDWHV
7KHPXQLFLSDOLWLHVPRVWDIIHFWHGDUH*XHUUHUR0LHU0LJXHO$OHPiQ&DPDUJRDQG
'tD]2UGD]$FFRUGLQJWRRQHORFDOMRXUQDOLVWFLWHGE\WKH:DOO6WUHHW-RXUQDOGUXJ
FDUWHOVFRQWUROPRUHWKDQSHUFHQWRI7DPDXOLSDV6RPHKRPHVEXLOWE\
WKHVWDWHDJHQF\IRUVRFLDOKRXVLQJ,1)21$9,7KDYHEHHQDEDQGRQHGLQWKUHH
PXQLFLSDOLWLHVLQ7DPDXOLSDV
$YDLODEOHDWKWWSZZZLQWHUQDOGLVSODFHPHQWRUJFRXQWULHVPH[LFR
7KH&DUWHOVRI6LQDORDDQG/D)DPLOLDFRQWLQXHWRILJKWIRUFRQWURORIGUXJURXWHVLQWKH6WDWHVRI

6LQDORDDQG0LFKRDFiQUHVSHFWLYHO\/D)DPLOLDUHFHQWO\EHVLHJHGWKHFLW\RI0RUHOLD7KH1HZ
<RUN7LPHV'HFHPEHUDYDLODEOHDWKWWSZZZQ\WLPHVFRPZRUOGDPHULFDV
PH[LFRKWPO"BU  UHI PH[LFR
,Q1XHYR/HyQWKHGUXJZDUKDVDOVRKLW0H[LFR¶VULFKHVWFLW\0RQWHUUH\6HH5HXWHUV-XO\
DYDLODEOHDWKWWSZZZUHXWHUVFRPDUWLFOHLG8675(5/
/D-RUQDGD1RYHPEHUµ/DJXHUUD*ROIR]HWDVHQPXQLFLSLRVWDPDXOLSHFRV

QXHYHVRQIURQWHUL]RVFRQ(8¶DYDLODEOHDWZZZMRUQDGDXQDPP[LQGH[SKS"
VHFWLRQ SROLWLFD DUWLFOH QSRODQG
ZZZMRUQDGDXQDPP[LQGH[SKS"VHFWLRQ SROLWLFD DUWLFOH QSRO
:DOO6WUHHW-RXUQDO1RYHPEHUKWWSRQOLQHZVMFRPDUWLFOH6%KWPO
ŽƒÓƒƒǡʹͻ…–‘„‡”ʹͲͳͲǡƒ˜ƒ‹Žƒ„Ž‡ƒ–

Š––’ǣȀȀ™™™Ǥ‡Žƒƒƒ”‡›Ǥ…‘Ȁ†‹ƒ”‹‘Ȁ‘–‹…‹ƒȀ–ƒƒ—Ž‹’ƒ•Ȁ‘–‹…‹ƒ•Ȁ
ƒ„ƒ†‘ƒ̴…ƒ•ƒ•̴†‡Ž̴‹ˆ‘ƒ˜‹–̴‡̴—‹…‹’‹‘•̴ˆ”‘–‡”‹œ‘•Ȁͻʹ͸͵ͻͲ



0H[LFR)RUFHGGLVSODFHPHQWGXHWRGUXJFDUWHOYLROHQFH
,'0&%ULHILQJ'HFHPEHU



,Q&LXGDG0LHUWKHFDUWHOVKDYHKHOGRSHQJXQEDWWOHVLQWKHVWUHHWVDQGKDYHEXUQW
GRZQKRPHVEXVLQHVVHVDQGJRYHUQPHQWRIILFHVLQFOXGLQJWKHSROLFHVWDWLRQ
5HVLGHQWVUHSRUWWKDWEHIRUHIOHHLQJWKH\GLGQRWOHDYHWKHLUKRPHVDIWHUSPDQG
FKRVHWRVOHHSRQWKHIORRUIRUIHDURIEHLQJFDXJKWLQWKHFURVVILUH7KHFDUWHOVKDYH
DOVRUHSRUWHGO\DSSURSULDWHGKRPHVDQGFRQGXFWHGFKHFNSRLQWVRQURDGV

7KRVHZKRKDGWKHPHDQVEHJDQWRDEDQGRQ&LXGDG0LHUHDUO\LQHLWKHU
FURVVLQJWKH86$0H[LFRERUGHUWRWKHQHDUE\WRZQVRI=DSDWD5RPDDQG0F$OOHQ
LQ7H[DVRUWRRWKHUVWDWHVLQWKHFRXQWU\

7KHVFDOHRIWKHXSKHDYDOLQFUHDVHGDWWKHEHJLQQLQJRI1RYHPEHUZKHQWKH
=HWDVLVVXHGDQRSHQWKUHDWWRDOORI&LXGDG0LHU¶VLQKDELWDQWVVD\LQJWKDWWKRVHZKR
UHPDLQHGLQWKHWRZQZRXOGEHNLOOHG

$VDUHVXOWDVPDQ\DVSHRSOHZKRKDGQRWEHHQDEOHWROHDYHWKURXJKRXWWKH
\HDUIOHGWRWKHQHDUE\WRZQRI&LXGDG0LJXHO$OHPiQZKHUHWKH\WRRNVKHOWHULQD
FRPPXQLW\KDOO&KDULWLHVDQGWKHORFDODGPLQLVWUDWLRQKDYHEHHQSURYLGLQJWKH,'3V
ZLWKIRRGDQGPHGLFDODWWHQWLRQDQGWKHPD\RURIWKHWRZQKDVUHSRUWHGO\RIIHUHGWR
HQUROODOOLQWHUQDOO\GLVSODFHGFKLOGUHQLQWKHORFDOVFKRRO6HFXULW\LQ0LJXHO$OHPiQ
LVDOVRSUHFDULRXVZLWKVKRRWRXWVKDSSHQLQJWKHUHDVZHOO

6RPHVWDWHRIILFLDOVKDYHVDLGWKDWSHRSOHDUHUHWXUQLQJWR&LXGDG0LHUEXWORFDO
REVHUYHUVKDYHUHSRUWHGWKDWDOOLQWHUQDOO\GLVSODFHGSHRSOH ,'3V UHPDLQGLVSODFHG
ZLWKQRSURVSHFWRIUHWXUQVRORQJDVWKHFDUWHOVUHPDLQLQWKHLUKRPHWRZQ
5HVLGHQWVRIDFKLOGUHQ¶VKRPHLQ&LXGDG0LHUKDYHEHHQPRYHGLQGHILQLWHO\WRWKH
ODUJHUWRZQRI5H\QRVD

7KHPD\RURI&LXGDG0LHULVVDLGWREHOLYLQJDFURVVWKHERUGHULQWKH86$VFKRROV
KDYHFORVHGGRZQDQGORFDOFRPPXQLW\OHDGHUVUHSRUWDFRPSOHWHDEVHQFHRIVWDWH
LQVWLWXWLRQVLQZKDWLVQRZFRPPRQO\UHIHUUHGWRDVDJKRVWWRZQ(YHQWKRXJKLW
ZDVUHSRUWHGWKDWWURRSVZHUHVHQWWRWKLVSDUWRI7DPDXOLSDVLQ1RYHPEHU
WKHDUP\KDVQRRXWSRVWWKHUHDQGFRQGXFWVRQO\VSRUDGLFSDWUROV





&KLKXDKXD&LXGDG-XiUH]DQG9DOOHGH-XiUH]

5HYLVWD3URFHVR1RYHPEHUµ7DPDXOLSDV9LHQWRVGH%DUEDULH¶
5HIRUPD1RYHPEHU(QYtDQPLOPLOLWDUHVDOQRUWHGH7DPDXOLSDV
0LOHQLR1RYHPEHUDYDLODEOHDWKWWSZZZPLOHQLRFRPQRGH
3KRQHLQWHUYLHZZLWK5D\PXQGR5DPRV&HQWURGH'HUHFKRV+XPDQRV1XHYR/DUHGR7DPDXOLSDV

1RYHPEHU
(O8QLYHUVDO1RYHPEHUZZZHOXQLYHUVDOFRPP[QRWDVKWPO
-RUQDGD1RYHPEHUDYDLODEOHDWZZZMRUQDGDXQDPP[LQGH[SKS"

VHFWLRQ SROLWLFD DUWLFOH QSRO


$VDERYHQRWH


0H[LFR)RUFHGGLVSODFHPHQWGXHWRGUXJFDUWHOYLROHQFH
,'0&%ULHILQJ'HFHPEHU


&LXGDG-XiUH]LQFUHDVLQJYLROHQFHVLQFH
&LXGDG-XiUH]KDVH[SHULHQFHGKLJKOHYHOVRIYLROHQFHIRURYHUWZRGHFDGHV7KHFLW\
KDVDODUJHSRSXODWLRQRIIDFWRU\ZRUNHUVPDQ\RIWKHPPLJUDQWVHPSOR\HGLQSRRU
FRQGLWLRQV3DUHQWVZRUNORQJKRXUVDQGWKHLUFKLOGUHQKDYHSRRUDFFHVVWRVFKRROLQJ
FUHDWLQJDFRQWH[WLQZKLFKYLROHQFHKDVEHFRPHFRPPRQSODFH7KHFLW\KDVDOVR
JDLQHGQRWRULHW\IRUDVHULHVXQVROYHGPXUGHUVRIZRPHQNQRZQDVIHPLQLFLGLRV

7KHUHKDVKRZHYHUEHHQDQXQSUHFHGHQWHGULVHLQOHYHOVRIYLROHQFHVLQFH
ZKHQWKH&DUWHOGH6LQDORDEHJDQWRFKDOOHQJHWKHGRPLQDQFHRIWKH&DUWHOGH-XiUH]
DQGLWVFRQWURORIWUDIILFNLQJURXWHV*XQEDWWOHVDUHFRPPRQRQWKHFLW\¶VVWUHHWV
HYHQGXULQJWKHGD\DQGUHVLGHQWVVD\WKH\DUHDIUDLGJRRXWDWQLJKW%XVLQHVVHVWKDW
UHIXVHWRSD\WKHFDUWHOV¶³IHHV´KDYHKDGWKHLUSUHPLVHVEXUQHGGRZQ7KHKRPLFLGH
UDWHURVHIURPDQDYHUDJHRISHU\HDUEHWZHHQDQGWRLQ
EHIRUHOHDSLQJWRLQDQGLQ7KHFXUUHQWUDWHLVHTXLYDOHQWWR
KRPLFLGHVSHUSHRSOHPDNLQJ-XiUH]WKHPRVWYLROHQWFLW\LQWKHZRUOG
6RPHSHUFHQWRI0H[LFR¶VKRPLFLGHVWDNHSODFHWKHUH

7KHFDUWHOV¶YLROHQFHKDVDOVRIXHOOHGDQLQFUHDVHLQFULPLQDORIIHQFHVSDUWLFXODUO\
NLGQDSSLQJVH[WRUWLRQDQGWKUHDWVRIWHQFDUULHGRXWRQWKHFDUWHOV¶EHKDOI7KH
VLWXDWLRQLVPDGHZRUVHE\ZHDNDQGFRUUXSWVWDWHLQVWLWXWLRQVDQGZLGHVSUHDG
LPSXQLW\XQGHUDQLQHIIHFWLYHFULPLQDOMXVWLFHV\VWHP

)RUFHGGLVSODFHPHQWLQWKHPLGVWRIPLJUDWLRQIORZV
'LVSODFHPHQWIURP&LXGDG-XiUH]KDVJRQHODUJHO\XQQRWLFHGLQSDUWEHFDXVHLWKDV
WDNHQSODFHDORQJVLGHPLJUDWLRQIORZV

'XULQJWKHVHFRQGKDOIRIWKHV&LXGDG-XiUH]WRRNLQODUJHQXPEHUVRIPLJUDQWV
IURPHOVHZKHUHLQ0H[LFRSDUWLFXODUO\WKHVWDWHVRI9HUDFUX]DQG'XUDQJRWR
ZRUNLQLWVIDFWRULHVRUPDTXLODGRUDV7KHRQVHWRIHFRQRPLFGHSUHVVLRQLQ
KRZHYHUPHDQWWKDWDVPDQ\DVSHRSOHORVWWKHLUMREVLQWKHWKUHH\HDUVWKDW
IROORZHGDQGPDQ\RIWKHXQHPSOR\HGKDYHVLQFHOHIW

7KH0XQLFLSDO3ODQQLQJ,QVWLWXWHKDVUHSRUWHGWKDWWKHUHDUHXSWRHPSW\
KRPHVLQ-XiUH]EXWUHVHDUFKHUVDWWKH8QLYHUVLGDG$XWyQRPDGH&LXGDG-XiUH]
WKLQNWKLVILJXUHLVWRRKLJKDQGQHZVWXGLHVDUHXQGHUZD\WKH&KDPEHURI&RPPHUFH
UHSRUWHGWKDWURXJKO\EXVLQHVVHVKDYHFORVHGLQWKHODVWWKUHH\HDUVWKH
6HFUHWDU\RI(GXFDWLRQUHYHDOHGWKDWVRPHWKRXVDQGVWXGHQWVKDYHQRWFRPH
EDFNWRVFKRROWKURXJKRXWWKH6WDWHRI&KLKXDKXD2WKHUVRXUFHVUHSRUWHGWKDWZDWHU
XVDJHDQGWKHDPRXQWRIUXEELVKSURGXFHGE\LWVLQKDELWDQWVKDYHERWKGURSSHG
 8QLYHUVLGDG $XWyQRPD GH &LXGDG -XiUH] 'LDJQyVWLFR 6REUH OD 5HDOLGDG 6RFLDO GH &LXGDG -XiUH]

SS
$VDERYHSS
$VDERYHFKDSWHU9,,,
&ROHJLRGHOD)URQWHUD1RUWH(QFXHVWDVVREUH0LJUDFLyQHQOD)URQWHUD1RUWHGH0p[LFRDYDLODEOHDW

KWWSZZZFROHIP[HPLI
$VDERYHQRWHSS
,QVWLWXWR0XQLFLSDOGH3ODQHDFLyQKWWSQRUWHGLJLWDOP[QRWLFLDVORFDO
ZZZHOXQLYHUVDOFRPP[QRWDVKWPO
,QWHUYLHZZLWK5RGROIR5XELR&ROHJLRGHOD)URQWHUD1RUWH&LXGDG-XiUH]1RYHPEHU


0H[LFR)RUFHGGLVSODFHPHQWGXHWRGUXJFDUWHOYLROHQFH
,'0&%ULHILQJ'HFHPEHU



7KHVHDUHDOOVLJQVWKDWLWVSRSXODWLRQLVVKULQNLQJEXWWKHLQGLFDWRUVIDLOWRGLVWLQJXLVK
EHWZHHQWKRVHIRUFLEO\GLVSODFHGDQGRWKHURXWERXQGYROXQWDU\PLJUDQWVWKH
GHSRSXODWLRQLVSUREDEO\WKHUHVXOWRIPL[HGIDFWRUVDQGIXUWKHUUHVHDUFKLVUHTXLUHG
WRSURILOHWKHGLIIHUHQWJURXSV

,GHQWLI\LQJFDXVHV
6RPHSURJUHVVKDVDOUHDG\EHHQPDGHLQWKLVUHJDUGPRVWQRWDEO\DVXUYH\
FDUULHGRXWE\WKH8QLYHUVLGDG$XWyQRPDGH&LXGDG-XiUH]ZKLFKLVGXHWREH
UHSHDWHGEHIRUHWKHHQGRI7KHVXUYH\DVNHGDUHSUHVHQWDWLYHVDPSOHRIIDPLOLHV
DFURVVWKHFLW\LIIDPLO\PHPEHUVKDGOHIWLQWKHODVWWKUHH\HDUVDQGLIVRKRZPDQ\
KDGOHIWDQGZK\

7KHUHVXOWVVKRZHGWKDWDVPDQ\DVSHRSOHKDGIOHGYLROHQFHLQWKHFLW\VLQFH
5RXJKO\KDOIFURVVHGWKHERUGHULQWRWKH8QLWHG6WDWHVZKLOHWKHRWKHUKDOIWRRN
UHIXJHLQRWKHU0H[LFDQVWDWHVVREHFRPLQJ,'3V

$IXUWKHUVWURQJLQGLFDWLRQRIIRUFHGGLVSODFHPHQWLVWKDWRIWKHHPSW\KRPHVLQ
WKHFLW\ZHUHEXLOWE\WKH,1)21$9,7DQGVROGWRZRUNHUVZLWKORZLQWHUHVWORDQV,W
ZRXOGDSSHDUWKDWSHRSOHFKRVHWRDEDQGRQWKHVHKRPHVDQGORVHWKHSD\PHQWVWKH\
KDGPDGHZKLOHOLYLQJWKHUH

&HQVXVGDWD
7KHUHVXOWVRIWKHFHQVXVZLOOEHPDGHDYDLODEOHLQWKHFRPLQJPRQWKVDQGWKH
GDWDZLOOVKRZGHILQLWLYHO\WRZKDWH[WHQWWKHFLW\
VSRSXODWLRQKDVVKUXQN,WZRQ
W
KRZHYHUUHYHDOWKHFDXVHVEHKLQGWKHSKHQRPHQRQDVWKHFHQVXVGLGQRWLQFOXGH
TXHVWLRQVRIWKDWQDWXUH6XUYH\VVXFKDVWKHRQHFDUULHGRXWE\WKH8QLYHUVLGDG
$XWyQRPDZLOOFRQWLQXHWREHWKHPRVWUHOLDEOHVRXUFHRILQIRUPDWLRQRQIRUFHG
GLVSODFHPHQW


 3DWWHUQVRIGLVSODFHPHQW

7KRVHZKRFDQFURVVWKH5LR*UDQGH

7KH 8QLYHUVLGDG $XWyQRPD GH &LXGDG -XiUH] VXUYH\ VKRZHG WKDW WKRVH ZKR ZHUH
DEOH KDYH FURVVHG WKH ERUGHU LQWR WKH 86$ ,W IRXQG WKDW EHWZHHQ  DQG 
VRPHSHRSOHOHIWIRU(O3DVR7H[DVDQGIRURWKHU86FLWLHV2IWKRVH
ZKR OHIW PRVW ZHUH XSSHU PLGGOH FODVV VPDOOEXVLQHVV RZQHUV DQG LQGHSHQGHQW
SURIHVVLRQDOV ZKR UHHVWDEOLVKHG WKHLU OLYHOLKRRGV RQ WKH RWKHU VLGH RI WKH ERUGHU
VRPHWLPHV UHFHLYLQJ LQYHVWRU YLVDV 2I WKRVH 0H[LFDQV ZKR VRXJKW DV\OXP
DIILUPDWLYHO\ LQ WKH 8QLWHG 6WDWHV WKDW LV WKRVH ZKR HQWHUHG WKH 8QLWHG 6WDWHV
DQG UHTXHVWHG DV\OXP UDWKHU WKDQ EHLQJ DSSUHKHQGHG LOOHJDOO\ LQ WKH 86 DQG WKHQ
UHTXHVWHGDV\OXP ZHUHJUDQWHGDV\OXPLQWKLVZD\

)URP&LXGDG-XiUH]WRRWKHU0H[LFDQVWDWHV
8QLWHG6WDWHV<HDUERRNRI,PPLJUDWLRQ6WDWLVWLFVDYDLODEOHDWKWWSZZZGKVJRY[OLEUDU\

DVVHWVVWDWLVWLFV\HDUERRNRLVB\EBSGI


0H[LFR)RUFHGGLVSODFHPHQWGXHWRGUXJFDUWHOYLROHQFH
,'0&%ULHILQJ'HFHPEHU


7KH8QLYHUVLGDG$XWyQRPDVXUYH\DOVRVKRZVWKDWWKHUHVWRIWKHGLVSODFHG
SRSXODWLRQVRPHSHRSOHKDYHIOHGWRRWKHUSDUWVRIWKHFRXQWU\HLWKHUZLWKLQ
&KLKXDKXDRUIXUWKHUDILHOGWRWKHVWDWHVRI'XUDQJR&RDKXLODDQG9HUDFUX]7KH
FRQGLWLRQVWKH\IDFHDV,'3VDUHXQNQRZQDVQRQDWLRQDORULQWHUQDWLRQDODJHQF\
FXUUHQWO\WUDFNVIRUFHGSRSXODWLRQPRYHPHQWVZLWKLQWKHFRXQWU\

9DOOHGH-XiUH]WR&LXGDG-XiUH]DQGHOVHZKHUHLQWKHFRXQWU\
'UXJFDUWHOYLROHQFHLVDOVRUHVSRQVLEOHIRUDQRWKHUSDWWHUQRIGLVSODFHPHQWLQZKLFK
YLFWLPVKDYHIOHGIURPWKHUXUDODUHDRI9DOOHGH-XiUH]HDVWRI&LXGDG-XiUH]
(YLGHQFHRIIRUFHGGLVSODFHPHQWLQWKHORFDOLWLHVRI(O3RUYHQLUDQG3Ui[HGLV*
*XHUUHURLQ9DOOHGH-XiUH]LVXQTXHVWLRQDEOHYLUWXDOO\DOOKRXVHVDUHHPSW\EXUQHG
RXWDQGYDQGDOLVHG+HUHWRRWKRVHZKRZHUHDEOHKDYHFURVVHGWKHERUGHULQWRWKH
8QLWHG6WDWHVZKLOHWKRVHXQDEOHWRGRVRSUREDEO\IOHGWR5LYHUDVGHO%UDYRDQG
+RUL]RQWHVGHO6XULPSRYHULVKHGQHLJKERXUKRRGVRI&LXGDG-XiUH]RUWRRWKHUSDUWV
RIWKHFRXQWU\,WZRXOGEHUHDVRQDEOHWRDVVXPHWKDWPDQ\RIWKRVHZKRWRRNUHIXJH
LQ&LXGDG-XiUH]¶V5LYHUDVGHO%UDYRDQG+RUL]RQWHVGHO6XUZLOOKDYHEHHQGLVSODFHG
DJDLQJLYHQWKHKLJKOHYHOVRILQVHFXULW\DQGGHSRSXODWLRQWKHUH

3URWHFWLRQLVVXHV
7KHODFNRILQIRUPDWLRQRQ,'3VZKRDUHYLFWLPVRUGUXJFDUWHOYLROHQFHPHDQVLW
LVXQFOHDUZKHWKHUWKH\IDFHSURWHFWLRQLVVXHVDQGLIVRZKDWWKRVHPLJKWEH7KH
JHQHUDODVVXPSWLRQLVWKDWWKH\KDYHVXSSRUWHGWKHPVHOYHVRUUHOLHGRQH[WHQGHG
IDPLO\QHWZRUNVIRUVXSSRUW

,QWKHFDVHRIWKRVHZKRIOHGIURP9DOOHGH-XiUH]WR5LYHUDVGHO%UDYRDQG
+RUL]RQWHVGHO6XULQ&LXGDG-XiUH]LWFDQSUREDEO\EHDVVXPHGWKDWWKH\GLGQRW
PDQDJHWRHQVXUHWKHLUSK\VLFDOVHFXULW\

*LYHQWKHKLJKQXPEHURIHPSW\KRXVHVWKHPRVWUHOHYDQWSURWHFWLRQLVVXHEH\RQG
SK\VLFDOVHFXULW\DQGWKHEDVLFQHFHVVLWLHVRIOLIHZRXOGDSSHDUWREHKRXVLQJODQG
DQGSURSHUW\ULJKWV/LWWOHLVOHIWRIPRVWKRXVHVLQ(O3RUYHQLUDQG3Ui[HGLV*
*XHUUHURLQ9DOOHGH-XiUH]RWKHUWKDQWKHEDVLFFRQFUHWHLQIUDVWUXFWXUHGRRUV
ZLQGRZVDQGWRLOHWVKDYHDOOEHHQGHVWUR\HGRUVWROHQ7KHVDPHDSSOLHVWRKRXVHVLQ
&LXGDG-XiUH]QRWEXLOWDQGRZQHGE\,1)21$9,76RPHSHRSOHUHSRUWKDYLQJWR
SD\JXDUGVWRSURWHFWWKHLUKRPHV


 5HFRPPHQGDWLRQV

$VWKH*XLGLQJ3ULQFLSOHVRQ,QWHUQDO'LVSODFHPHQWHVWDEOLVKQDWLRQDODXWKRULWLHV
KDYHWKHSULPDU\GXW\DQGUHVSRQVLELOLW\WRSURYLGHSURWHFWLRQDQGKXPDQLWDULDQ

7KHOPD*yPH](O8QLYHUVDOZZZHOXQLYHUVDOFRPP[JUDILFRVJUDILFRVDQLPDGRV(8BIURQWHUDV

SD]KWPO
7KH1HZ<RUN7LPHVµ)OHHLQJGUXJYLROHQFH0H[LFDQVSRXULQWR86¶DYDLODEOHDWKWWS

ZZZQ\WLPHVFRPXVERUGHUKWPO"UHI PH[LFR
,QWHUYLHZVZLWK5RGROIR5XELR&ROHJLRGHOD)URQWHUD1RUWH:LOHEDOGR0DUWtQH]DQG6RFRUUR

9HOiVTXH]8QLYHUVLGDG$XWyQRPDGH&LXGDG-XiUH]1RYHPEHU
,QWHUYLHZ*XVWDYRGHOD5RVD+XPDQ5LJKWV2PEXVGPDQ&LXGDG-XiUH]1RYHPEHU


0H[LFR)RUFHGGLVSODFHPHQWGXHWRGUXJFDUWHOYLROHQFH
,'0&%ULHILQJ'HFHPEHU


DVVLVWDQFHWR,'3VZLWKLQWKHLUMXULVGLFWLRQIROORZLQJWKHGLUHFWLYHVFRQWDLQHGLQWKH
3ULQFLSOHV

,QWKHFDVHRIPDVVGLVSODFHPHQWLQ7DPDXOLSDVVWDWHDQGIHGHUDODXWKRULWLHVVKRXOG
DVVXUHWKDWWKRVHFXUUHQWO\GLVSODFHGDUHJUDQWHGSURWHFWLRQDQGKXPDQLWDULDQVXSSRUW
VRWKDWWKH\FDQHQMR\DOOWKHLUULJKWV,QWKHIDFHRIFRQWLQXLQJYLROHQFHLQWKHLU
SODFHVRIRULJLQLQWHJUDWLRQLQWKHLUSODFHVRIGLVSODFHPHQWVKRXOGEHDFWLYHO\VRXJKW
HQVXULQJIRUH[DPSOHWKDWFKLOGUHQHQUROOLQVFKRROWKDWWKHUHDUHZRUNRSSRUWXQLWLHV
IRUDGXOWVDQGDFFHVVWRSXEOLFVHUYLFHV&RQWLQXLQJHIIRUWVWRFXUEFDUWHOYLROHQFH
VKRXOGHQVXUHWKDWIXUWKHUGLVSODFHPHQWRIWKHSRSXODWLRQLVDYRLGHGZKHUHSRVVLEOH

,QWKHFDVHRI&KLKXDKXDJLYHQWKHSUHVHQFHRIPL[HGPLJUDWLRQIORZVLWLVLPSRUWDQW
WRVHHWKHFLW\RI-XDUH]¶VGHSRSXODWLRQLQWHUPVRIIRUFHGGLVSODFHPHQWDQGQRWRQO\
IURPWKHSHUVSHFWLYHRIPLJUDWLRQ6WDWHDJHQFLHVVKRXOGVSHFLILFDOO\VHHNWRHVWDEOLVK
WKHSURSRUWLRQRIWKHSRSXODWLRQLQ&LXGDG-XiUH]WKDWKDVOHIWDQGLVOHDYLQJGXH
WRYLROHQFHDQGUHPDLQLQJZLWKLQWKHFRXQWU\DQGWKHLUVLWXDWLRQLQWKHLUSODFHVRI
GHVWLQDWLRQ)XUWKHUPRUHWKHLUKRXVLQJODQGDQGSURSHUW\VKRXOGEHSURWHFWHGE\
SXWWLQJLQSODFHDV\VWHPWRIRUPDOLVHWKHLUSURSHUW\ULJKWVGXULQJWKHLUDEVHQFH

)LQDOO\HYHQWKRXJKWKHSULPDU\GXW\IRUSURYLGLQJKXPDQLWDULDQDVVLVWDQFHOLHVZLWK
QDWLRQDODXWKRULWLHVLQWHUQDWLRQDODJHQFLHVZLWKSURWHFWLRQPDQGDWHVDOUHDG\SUHVHQW
LQWKHFRXQWU\VKRXOGVHHNWRFRRSHUDWHZLWKWKHJRYHUQPHQWWRLQYHVWLJDWHWKHIXOO
H[WHQWRIIRUFHGGLVSODFHPHQWSURYLGHSURWHFWLRQDQGDVVLVWDQFHDQGSURPRWHGXUDEOH
VROXWLRQVIRUWKRVHIRUFLEO\GLVSODFHG





0H[LFR)RUFHGGLVSODFHPHQWGXHWRGUXJFDUWHOYLROHQFH
,'0&%ULHILQJ'HFHPEHU



You might also like