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Norway

An International Convention or Agreement on Financial Transparency (NO0029)

Overview

At-a-Glance

Action Plan: Norway Action Plan 2013-2015

Action Plan Cycle: 2013

Status: Inactive

Institutions

Lead Institution: Ministry of Foreign Affairs

Support Institution(s): NA

Policy Areas

Private Sector

IRM Review

IRM Report: Norway End-of-Term Report 2014-2015, Norway Second IRM Progress Report 2013-2014

Starred: No

Early Results: Did Not Change

Design i

Verifiable: No

Relevant to OGP Values: Access to Information , Public Accountability

Potential Impact:

Implementation i

Completion: Pending IRM Review

Description

Norway will initiate an international dialogue on stricter rules for financial transparency,
for example, in the form of a convention or agreement. The work will be long-term and
promote the normative agenda of financial and economic transparency.
Norway will build a common understanding with like-minded countries about what
such rules might entail. The objective of the dialogue will be to develop rules to
promote transparency in international financial transactions in order to help prevent the
illicit financial flows. It may involve obligations to register and exchange information on
financial transactions across borders or mutual legal assistance in tracking the flow of
money.

The Government will initiate an international dialogue on stricter rules for financial
transparency

IRM End of Term Status Summary

18. An international convention or agreement on financial transparency

Commitment Text:

[…]Norway will initiate an international dialogue on stricter rules for financial transparency, for example, in the form of a convention or agreement. The work will be long-term and promote the normative agenda of financial and economic transparency. Norway will build a common understanding with like-minded countries about what such rules might entail. The objective of the dialogue will be to develop rules to promote transparency in international financial transactions in order to help prevent the illicit financial flows. It may involve obligations to register and exchange information on financial transactions across borders or mutual legal assistance in tracking the flow of money.

[…]To assess the need for and the content of a possible convention or agreement, it would be appropriate to have an international dialogue. This dialogue will aim to identify the relevant forums to develop new rules and the subsequent enforcement procedures, strategic alliance partners. The content of any obligations must be adapted to national legislation and obligations under other conventions such as the EU/EEA regulations. Objections of a procedural nature, including the costs of possible new reporting obligations, must be considered.

COMMITMENT DESCRIPTION
The Government will initiate an international dialogue on stricter rules for financial transparency.

Responsible institution: Ministry of Foreign Affiars

Supporting institution(s): None

Start date: 1 January, 2013              End date: 1 October, 2014

Editorial note: The text of the commitments was abridged for formatting reasons. For the full text of the commitment, please see http://bit.ly/1QlVIja.

Policy Aim

This commitment was intended to work towards improving the international regulatory framework for combatting transnational corruption and illicit financial flows.

Status

Mid-term: Officially withdrawn.

Did it open government?

Access to information: Did not change
Public accountability: Did not change

This commitment was officially withdrawn due to a lack of international support for an international convention or agreement on financial transparency. Therefore, no action was taken under this commitment.

Carried forward?

This commitment has not been carried forward in the Norwegian government’s third national action plan, which is available on the OGP website.[Note 103: ”Norway’s third action plan Open Government Partnership (OGP),” Ministry of Local Government and Modernisation, accessed September 4, 2016, http://www.opengovpartnership.org/wp-content/uploads/2001/01/Norway_2016-17_NAP.pdf.]

Commitments

  1. Archiving Documents

    NO0054, 2019, Capacity Building

  2. Making Energy Statistics Available

    NO0055, 2019, Anti-Corruption

  3. e-Access and Expansion

    NO0056, 2019, Access to Information

  4. Open Cultural Data

    NO0057, 2019, Access to Information

  5. Digital Spatial Planning

    NO0058, 2019, E-Government

  6. Streamline Public Procurement

    NO0059, 2019, Anti-Corruption

  7. Preventing Corruption

    NO0060, 2019, Anti-Corruption

  8. Beneficial Ownership Registry

    NO0061, 2019, Anti-Corruption

  9. User Orientation

    NO0045, 2016, Capacity Building

  10. Electronic Public Records (OEP)

    NO0046, 2016, E-Government

  11. Transparency Regarding Environmental Information

    NO0047, 2016, E-Government

  12. Starred commitment Disclosure of Financial Data

    NO0048, 2016, Access to Information

  13. Transparency Regarding Rainforest Funds

    NO0049, 2016, E-Government

  14. State Employees’ Ownership of Shares

    NO0050, 2016, Anti-Corruption

  15. Promote Freedom of Expression and Independent Media

    NO0051, 2016, Civic Space

  16. Country-By-Country Reporting

    NO0052, 2016, Anti-Corruption

  17. Register for Ultimate Beneficial Ownership

    NO0053, 2016, Anti-Corruption

  18. Public Review and Public Consultation

    NO0020, 2013, Capacity Building

  19. Registering and Preserving Digital Documentation Produced by Public Bodies

    NO0021, 2013, Access to Information

  20. The Norwegian Citizen Survey (Innbyggerundersøkelsen)

    NO0022, 2013, Public Participation

  21. Whistleblowing

    NO0023, 2013, Anti-Corruption

  22. Strengthened Information Exchange for More Efficient Crime Prevention and Combating

    NO0024, 2013, Justice

  23. Strengthening the Transparency of Public Authorities and Administration

    NO0025, 2013, Access to Information

  24. Egovernment with an End-User Focus

    NO0026, 2013, E-Government

  25. Plain Legal Language

    NO0027, 2013, Capacity Building

  26. Norwegian Grants Portal (MFA)

    NO0028, 2013, Aid

  27. An International Convention or Agreement on Financial Transparency

    NO0029, 2013, Private Sector

  28. Reducing Conflicts of Interests – Post-Employment Regulations

    NO0030, 2013, Anti-Corruption

  29. Centre for Integrity in the Defence Sector

    NO0031, 2013, Peace & Security

  30. A Better Overview of Committees, Boards and Councils – More Public Access to Information and Better Opportunities for Further Use

    NO0032, 2013, E-Government

  31. Modernizing Public Governance

    NO0033, 2013, Capacity Building

  32. Transparency in the Management of Oil and Gas Revenues

    NO0034, 2013, Anti-Corruption

  33. Transparency in the Management of the Government Pension Fund (GPF)

    NO0035, 2013, E-Government

  34. Transparency and Anti-Corruption Efforts

    NO0036, 2013, Anti-Corruption

  35. The Municipal Sector

    NO0037, 2013, Education

  36. “Simplify” (“Enkelt Og Greit”)

    NO0038, 2013, E-Government

  37. Electronic Public Records (OEP) – (Offentlig Elektronisk Postjournal)

    NO0039, 2013, Access to Information

  38. Re-Use of Public Sector Information (PSI)

    NO0040, 2013, Access to Information

  39. Access to Health Data

    NO0041, 2013, E-Government

  40. Renewal of the Government’S Website (Regjeringen.No – Government.No)

    NO0042, 2013, E-Government

  41. Declaration of Principles for Interaction and Dialogue with NGOs

    NO0043, 2013, Capacity Building

  42. Simplification and Digital Administration of Arrangements for NGOs

    NO0044, 2013, Capacity Building

  43. An Open Public Sector and Inclusive Government

    NO0001, 2011, Anti-Corruption

  44. Measures to Promote Gender Equality and Women’S Full Participation in Civic Life, the Private Sector, the Public Administration and Political Processes.

    NO0002, 2011, Gender

  45. Gender Equality – Participation in the Private Sector

    NO0003, 2011, Gender

  46. Increase Women's Representation in Local Government

    NO0004, 2011, Gender

  47. Gender Equality Program

    NO0005, 2011, Gender

  48. Gender Equality – Inclusion of Immigrant Women

    NO0006, 2011, Gender

  49. Gender Equality – Combat Gender Stereotypes

    NO0007, 2011, Gender

  50. Gender Equality – Youth Initiatives

    NO0008, 2011, Gender

  51. Gender Equality – Combat Domestic Violence

    NO0009, 2011, Gender

  52. Transparency in the Management of Oil and Gas Revenues / Financial Transparency

    NO0010, 2011, Aid

  53. Transparency in the Management of Oil and Gas Revenues / Financial Transparency – Government Global Pension Fund

    NO0011, 2011, Fiscal Openness

  54. Transparency in the Management of Oil and Gas Revenues / Financial Transparency – Combat Tax Evasion

    NO0012, 2011, Fiscal Openness

  55. Transparency in the Management of Oil and Gas Revenues / Financial Transparency – Multi-National Companies

    NO0013, 2011, Fiscal Openness

  56. An Open Public Sector and Inclusive Government – Create Central Communication Policy

    NO0014, 2011, Fiscal Openness

  57. An Open Public Sector and Inclusive Government

    NO0015, 2011, E-Government

  58. An Open Public Sector and Inclusive Government – Public Data Use

    NO0016, 2011, Public Participation

  59. An Open Public Sector and Inclusive Government – National Statistic Publication

    NO0017, 2011, Access to Information

  60. An Open Public Sector and Inclusive Government – National Public Opinion Survey

    NO0018, 2011,

  61. An Open Public Sector and Inclusive Government

    NO0019, 2011, Public Participation

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