Describing interests: Research note
Method
Supply: We have looked at legislation from ten countries and disclosure forms from five of these (i.e. all those where forms were accessible without a national ID), along with beneficial ownership transparency guidance from the Financial Action Task Force (FATF), the Organisation for Economic Co-operation and Development (OECD), and the European Union (EU). From these, we identified the various categories of interest that mandate disclosure, and how this data is collected.
Implementation lessons: We have reviewed BODS documentation and issues to identify past modelling decisions, including in relation to state-owned enterprises and nominee directorships.
Demand: We have carried out preliminary exploration of use cases for data on beneficial ownership interests in order to understand the ways in which users need to distinguish between different general types of beneficial ownership relationships.
Modelling: We have evaluated different approaches to modelling taken across a range of initiatives, and tested a range of different approaches to modelling interest relationships in BODS.