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Ten years ago, the idea of public registers of beneficial ownership was a campaigner’s long-shot. Now, with governments across the world committed to collecting and publishing information on the people who really own companies, we are are making it a...

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Moving from policy to practice: reflections from Tblisi

Our team traveled to the Open Government Partnership’s Global Summit in Tbilisi with an important message to deliver: it’s time to make user needs the focus of beneficial ownership transparency.

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Going beyond the Register - our Mission Statement

Our founding organizations came together because of a shared vision: freely accessible, linked beneficial ownership information for the benefit of both business and society.

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What we really mean when we talk about verification: Truth verification (part 4 of 4)

So far in this series on verification of beneficial ownership data, we have given you an overview of what the term really means when applied to beneficial ownership, discussed how to tell if someone is who they say they are...

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Beneficial ownership transparency in Ukraine: what’s next?

In 2016 Ukraine became the second country in the world (after the UK) to implement a public register of the beneficial owners of corporate entities registered in country. It subsequently became the first country in the world to commit to...

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What we really mean when we talk about verification: Validation (part 3 of 4)

Welcome to the third instalment of our four-part blog post series on verification. To recap, in our first post, we broke down the term “verification” into three distinct steps:

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Ukrainian beneficial ownership data now available

The OpenOwnership Register has been updated to include information about the beneficial owners of over 240,000 Ukrainian companies.

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Open Call: Governance consultant

OpenOwnership seeks a governance consultant to work with the Steering Group and staff to help us formalise and adopt an efficient and effective governance structure as we move into the second phase of the project.

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OpenOwnership is recruiting!

Each year, billions of dollars in illicit funds – the fruits of crime, corruption or tax evasion – pass through anonymous companies. They are the most popular getaway vehicle for grand corruption by far, designed to allow their owners to...

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What we really mean when we talk about verification: Authentication & authorization (Part 2 of 4)

In the first post in this series on the principles of verification, particularly relating to beneficial ownership, we explained why there is no guarantee that any piece of beneficial ownership data is the absolute truth.

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Ghana announces partnership with OpenOwnership

Professor Gyan Baffour, Planning Minister for Ghana, announced today that the country will be working with OpenOwnership to build a public, open data register of beneficial ownership information.

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Not just public, but useful: the right way to set up a beneficial ownership register

Last year, the Panama Papers showed us how opaque corporate structures are used to facilitate global money laundering, fraud and tax evasion. The Azerbaijani Laundromat, revealed this week in an investigation by the Guardian, is a reminder that anonymously-owned corporate...

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Introducing the Beneficial Ownership Data Standard

What specific fields of data should a beneficial ownership register collect and publish for re-use? How can that information be shared so that other individuals and systems can integrate, interpret, analyse and take action with it?

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Ukraine to become the first country to integrate with OpenOwnership

We’re delighted to announce that yesterday, Ukraine signed up to become the first country to integrate its national central register of beneficial ownership with the OpenOwnership Register. This means that Ukraine’s beneficial ownership data will be automatically available on the...

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What we really mean when we talk about verification (Part 1 of 4)

This is the first of a series of blog posts in which we will discuss the critical but tricky issue of verification, particularly with respect to beneficial ownership.

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Identity & identifiers: what we’ve learned

Beneficial ownership is a complex domain to model, as we’ve seen from the work we’ve already done on the OpenOwnership data standard. At the most fundamental level, the beneficial ownership standard needs to be able to identify legal entities and...

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A statement from business leaders: Moving past the Panama Papers

A year ago the “Panama Papers” leak exposed the use of anonymous companies to avoid sanctions, move proceeds of corruption and crime, and facilitate other illicit financial schemes. The leak put a price on doing business through anonymous companies: 400...

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FAQs: OpenOwnership

On April 3, 2017, the public beta of the OpenOwnership Register launches. Below, we answer some frequently asked questions about the project and the register. Don’t hesitate to reach out to us if you’re wondering about something that isn’t covered...

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Calling all businesses! Help us test the world's first register of global beneficial ownership

OpenOwnership is building the world’s first open Global Beneficial Ownership Register which will serve as an authoritative source of data about who owns and controls companies, for the benefit of all. Why? Transparency around corporate control and ownership is not...

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In uncertain times, transparency is a must for investors

That was supposed to be going up, wasn’t it? São Paulo Stock Exchange, Rafael Matsunaga

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How serious is Germany about corporate transparency?

Andi Pawelke, Director of the Web Foundation’s Open Data Lab Jakarta and a board member of Open Knowledge Foundation Germany, discusses the importance of making Germany’s beneficial ownership register open and free.

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Why business leadership on beneficial ownership transparency is critical in 2017

2016 has been a landmark year for beneficial ownership transparency. Beginning with the Panama Papers leak, which placed a much needed global spotlight on the role of anonymous companies in facilitating crime, tax evasion, and fraud, and providing the safety...

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What I learned from you at #17IACC and #OGP16

Representing OpenOwnership at both the International Anti-Corruption Conference and the Open Government Partnership Summit was an inspiring way to debut our project to build a global, linked register of beneficial ownership.

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After the Panama Papers, Europe can’t go back to business as usual

Ahead of today’s meeting of European Union member states, proposed transparency amendments to the EU Anti Money Laundering Directive that would have given the public access to beneficial ownership information were dropped. The wording of the agreement reached today reads:...

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Coming soon: A beneficial ownership data standard

Who controls and benefits from companies is a transnational, global issue. Take any case of grand corruption, large-scale fraud, organised crime or tax evasion, and it’s pretty certain it will be enabled in some way by the obfuscation and opacity...

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Taking the first steps toward a global and open register of beneficial ownership

The past year has seen huge strides towards ending the opacity of who anonymous companies, so beloved by criminals, corrupt politicians and tax evaders to mask their activities. The UK published the first public register of who controls companies, numerous...

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