Event: Collective action for beneficial ownership transparency in South Africa: From commitment to implementation

  • Publication date: 04 May 2022
Principles_Transparency_Framework_Credit Photo by T.H. Chia on Unsplash

16-17 May 2022

Conference rationale

Beneficial ownership transparency (BOT) has become one of the leading topics in the international agenda for financial reform. It is widely seen as a critical tool in fighting illicit financial flows related to corruption, money laundering and tax evasion. South Africa is vulnerable to a range of financial crimes and corruption due to the opacity of who owns and controls corporate vehicles. Evidence from the Zondo Commission demonstrates the close links between opaque corporate structures and the misappropriation of public funds in procurement processes.

A roadmap for South Africa

This national conference coincides with global Open Government week, and will contribute to a multi-stakeholder BOT roadmap for South Africa. Speakers and delegates will consider the opportunities for engaging in the BOT implementation process. .

The two-day hybrid event aims to:

  1. Share recent progress, and provide detail on the various initiatives underway through the Interdepartmental Committee on BOT
  2. Discuss international and regional best practice in implementing BOT, and how some of these learnings can be applied to South Africa
  3. Define the collaborative role of government, civil society, and the private sector in actioning South Africa’s BOT commitments

This conference is co-organised by:

The Department of Public Service and Administration (DPSA), the Financial Intelligence Centre (FIC), Open Government Partnership, Corruption Watch and Open Ownership

Register today for online attendance

Register today for in person attendance

Publication type
Event

News article

Country focus
Republic of South Africa