Beneficial ownership transparency in Indonesia: scoping study
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Summary
To support the government in its efforts to improve the quantity and quality of beneficial ownership data, in July 2021 Indonesia signed up to the Opening Extractives (OE) programme, a joint initiative of the EITI and Open Ownership, to receive enhanced technical assistance and support over the coming years.
This report has been drafted within the context of this programme, and is intended to help inform the next stage of reforms and technical assistance work provided under this initiative. It assesses the state of implementation of beneficial ownership transparency in Indonesia and analyses the country’s progress against each of the nine Open Ownership Principles, which set out good practice for effective beneficial ownership disclosure. This evaluation forms the basis for a series of recommendations for future iterative improvements to Indonesia’s disclosure regime in the areas of policy, technology and data.
