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 Open Ownership Register. This means that Ukraine’s beneficial ownership data will be automatically available on the Open Ownership Register, and linked to data from around the world.
Open Ownership’s goal is to mainstream high-quality, global beneficial ownership data, and as part of this we are piloting a program to integrate with national beneficial ownership registers. We provide in-kind technical assistance on the technology underpinning the central register, and support in implementing our data standard.
Ukraine is the first country to participate in this pilot. As a result, they will become pioneers in providing beneficial ownership as open data in a form that will allow it to be linked globally. According to local civil society, integration with Open Ownership is a ‘breakthrough’ – not least because Ukraine’s beneficial ownership data is currently only available for a fee.
We thank our partners at Transparency International Ukraine for their tireless work toward establishing this partnership. We’re very much looking forward to working with the Ukraine’s Ministry of Justice and technical implementers in coming months!
Integration is not only available for national central registers, but also for procurement systems, corporate due diligence systems, and beneficial ownership registers being implemented by subnational governments.
To learn more about integration and the benefits to your country or organisation, contact Zosia at [email protected]wnership.org.
Early impacts of public beneficial ownership registers: Ukraine
In 2015, Ukraine became the first country in the world to launch a public register of the beneficial owners of corporate entities registered in the country. This report provides an overview of the register’s origins and evolution, then explores its impact
Published: 01 February 2022