Open Letter on the Anti-Money Laundering Directive of the EU

European and global organisations call on governments to propose as part of 2018 country  National Action Plans (NAP) a commitmentOGP commitments are promises for reform co-created by governments and civil society and submitted as part of an action plan. Commitments typically include a description of the problem, concrete action... to establish an open register on beneficial ownershipDisclosing beneficial owners — those who ultimately control or profit from a business — is essential for combating corruption, stemming illicit financial flows, and fighting tax evasion. Technical spe... More for companies and trusts in accordance with and going beyond the recently adopted EU 5th Anti-Money Laundering Directive (AMLD5), and in line with Action Commitment #2 of the OGP Paris Declaration.