Event: Legislating for company ownership transparency: regional perspectives
Celebrate International Anti-Corruption Day with us, as we launch three new resources on implementing beneficial ownership transparency
To celebrate International Anti-Corruption Day, Open Ownership (OO), in collaboration with the National Democratic Institute (NDI) and the Extractives Industries Transparency Initiative (EITI), presented three new sets of guidance to assist in legislating effectively for beneficial ownership transparency (BOT):
- Guide to drafting effective legislation for beneficial ownership transparency (OO)
- Beneficial Ownership Transparency - A Guide for Parliaments (NDI and OO)
- Legislating for effective beneficial ownership transparency reforms in the extractive sectors (EITI and OO)
On 3 December at a virtual event we shared insights on these new resources, with legislators and other experts from across the world sharing their experiences of legislating for beneficial ownership transparency.
Governments are pursuing BOT reforms to enhance their anti-corruption efforts, make public procurement more transparent and accountable and increase equitable tax collection, among other policy objectives.
Many countries have committed to adopt legislation and implement central registries that collect this information. Parliaments play a crucial role in ensuring BOT by scrutinising, improving, and passing laws, overseeing government actions, holding relevant authorities accountable, promoting public awareness and engagement, and fostering good governance and international cooperation.
With these new guides we aim to equip those who draft, scrutinise, advocate for, and monitor laws relating to BOT with the expertise to ensure strong reforms. The outputs are aimed at policymakers, civil society organisations, legislative drafters, parliamentarians, and the media among others.
Speakers:
- Senator Luis Donaldo Colosio Riojas, President of the Digital Rights Commission, Mexico
- Gay Ordenes, Technical Director, Extractive Industries Transparency Initiative
- Corina Rebegea, Senior Advisor for Anti-Corruption, National Democratic Institute
- Atty. Daniel Luis P. Macalino, Officer-in-Charge, Anti-Money Laundering Division, Securities and Exchange Commission, Philippines
- Chewe Chilufya, Deputy Registrar, Zambia Patents and Companies Registration Agency
- Moderator: Favour Ime, Senior Regional Manager for Africa, Open Ownership
