Slovakia's Register of Public Sector Partners requires verified beneficial ownership (BO) for state contractors, resulting in lawsuits and cleaner procurement
Slovakia's Register of Public Sector Partners (2017) requires any entity receiving over EUR 100,000 in state contracts to register verified BO information through a certified intermediary. Publicly accessible and enforced through sanctions including contract cancellation, it has led to multiple lawsuits, helped clean up public procurement, and reduced financial risks for small and medium-sized enterprise sub-contractors.
- Year published
- Show records from 2017
- Jurisdiction
- Show records from Slovak Republic
- Topics
- Show records tagged: Business environment Show records tagged: Corruption Show records tagged: Public procurement
- Type of resource
- Show records of type Civil society