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Liberia

Beneficial Ownership Registry (LR0035)

Overview

At-a-Glance

Action Plan: Liberia Action Plan 2017-2019

Action Plan Cycle: 2017

Status: Active

Institutions

Lead Institution: LACC

Support Institution(s): FIU, LEITI, FDA, GC, LISGIS, PPCC, Liberia Business Registry, LRA, iLab Liberia, iCampus, CENTAL, CEMESP, CAPDOG

Policy Areas

Beneficial Ownership, Capacity Building, Open Data, Private Sector

IRM Review

IRM Report: Pending IRM Review

Starred: Pending IRM Review

Early Results: Pending IRM Review

Design i

Verifiable: Pending IRM Review

Relevant to OGP Values: Not Relevant

Potential Impact: Pending IRM Review

Implementation i

Completion: Pending IRM Review

Description

What is the public problem that the commitment will address?: Anonymous companies (companies of which the real owners are unknown) allow for corruption, tax avoidance, money laundering, drug trafficking and terrorist financing. This denies the Liberian government and people revenue that could be used to improve public services.; What is the commitment?: The commitment will develop a public register for beneficial ownership information. The development of the register will be instituted through implementing rules and procedures using open data standards.; How will the commitment contribute to solve the public problem?: A public register showing who owns and controls overseas companies will deter the corrupt from using these as safe havens to invest their criminal proceeds. In doing so, it will signal the beginning of the end for a system of secrecy that facilitates and entrenches the corruption in Liberia.; Why is this commitment relevant to OGP values?: Beneficial ownership information is at the heart of the OGP- as it relates to the transparency of information that allows citizens to monitor the use of public and private resources.

Liberia's Commitments

  1. Legislative Monitoring Database

    LR0027, 2017, E-Government

  2. Publication of Budget Documents

    LR0028, 2017, Audits and Controls

  3. Freedom of Information (FOI) Act

    LR0029, 2017, Capacity Building

  4. Citizen Monitoring for the Justice System

    LR0030, 2017, Capacity Building

  5. Feedback Mechanism to Build Accountability of the LNP

    LR0031, 2017, E-Government

  6. Capacity Building for Integrity in Government

    LR0032, 2017, Capacity Building

  7. Transparency in the Land Authority

    LR0033, 2017, E-Government

  8. Accountability and Value for Money Through Open Contracting

    LR0034, 2017, E-Government

  9. Beneficial Ownership Registry

    LR0035, 2017, Beneficial Ownership

  10. Open Data/Citizen Navigation Portal

    LR0036, 2017, Audits and Controls

  11. Starred commitment Commercial Land Use Rights Information

    LR0011, 2015, Capacity Building

  12. Open Aid Portal and Publication of Aid Data

    LR0012, 2015, Aid

  13. Link Financial Management System to Aid Management Platform

    LR0013, 2015, Aid

  14. Facilitate Tracking of EVD Funds

    LR0014, 2015, Aid

  15. Starred commitment Implementation of the New Jury Law

    LR0015, 2015,

  16. Citzen Monitoring of Justice System

    LR0016, 2015,

  17. Civic Education and Citizen Engagement Around Offline Tools

    LR0017, 2015,

  18. Know Your Rights' Initiative

    LR0018, 2015,

  19. Passage of Whistleblower Protection Act

    LR0019, 2015,

  20. Transparency Hubs

    LR0020, 2015, Public Participation

  21. Public Service Integrity

    LR0021, 2015, Anti-Corruption Institutions

  22. Citizen Feedback Platform.

    LR0022, 2015, E-Government

  23. e-Government

    LR0023, 2015, Capacity Building

  24. Public Expenditure Management Systems

    LR0024, 2015, Capacity Building

  25. Public Safety/ Law Enforecement Reform

    LR0025, 2015, E-Government

  26. Open Data Portal

    LR0026, 2015, Open Data

  27. Appoint Public Information Officers (PIOs)

    LR0007, 2015, Capacity Building

  28. Popularize Freedom of Information (Foi) Law

    LR0008, 2015, Capacity Building

  29. Expand Open Budget Initiative

    LR0009, 2015, Capacity Building

  30. Public Information on Land and Natural Resource Reform

    LR0010, 2015, Extractive Industries

  31. Increase Access to Public Information

    LR0001, 2013, Capacity Building

  32. Open Budget Initiative

    LR0002, 2013, E-Government

  33. Extractive Industries Transparency

    LR0003, 2013, Audits and Controls

  34. Citizens’ Participation and Dialogue

    LR0004, 2013, Public Participation

  35. Starred commitment Accountability and Integrity

    LR0005, 2013, Conflicts of Interest

  36. Technology and Innovation

    LR0006, 2013, E-Government