The Beneficial Ownership Leadership Group came together in 2019 to drive the
global policy shift towards free, open beneficial ownership data. By joining the
Beneficial Ownership Leadership Group each country signs up to a set of best
practice disclosure principles. Convened by OpenOwnership and Open Government
Partnership, the group is comprised of
Armenia, Kenya, Latvia, Mexico and the Slovak Republic.
Governments increasingly recognise the value of beneficial ownership
transparency for promoting effective governance and efficient markets. It
builds market confidence and helps businesses manage risk, facilitates
effective taxation, helps save money on schools and hospitals, and tackles
Publishing company beneficial ownership data that is freely downloadable,
searchable, and reusable by the public, without a fee, proprietary software,
or the need for registration.
Implementing progressively ambitious best practice in beneficial ownership
transparency, across technical, legislative, regulatory, and administrative
Committing resources to enable improvements and iterations to data quality and
Contributing to the building of best practice, including by recognising the
evolving illicit finance threat and considering implementing beneficial
ownership transparency beyond companies to a wider group of assets classes.
Working in partnership with civil society and enabling their role as watchdogs
and users of the data.
Engaging other partners, including governments and international institutions,
to advance the objective of making beneficial ownership transparency a global
Contributing to evaluation and impact assessment of our shared approach.
By joining the leadership group, governments publicly signal their intention to adhere to the following principles on beneficial ownership data disclosure (note: these do not represent legally-binding commitments for signatory states).
The leadership group remains open to all governments that are making determined efforts to improve the transparency and/or quality of their beneficial ownership data. If you would like further information about the group and how to join please contact us at email@example.com