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... 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.