Advocate for Legislation Requiring Meaningful Disclosure (US0005)
Overview
At-a-Glance
Action Plan: United States – First National Action Plan – 2011-2013
Action Plan Cycle: 2011
Status:
Institutions
Lead Institution: Executive Office of the President
Support Institution(s): Unclear
Policy Areas
Legislation, Private Sector, Public ParticipationIRM Review
IRM Report: United States First Progress Report 2011-2013
Early Results: No IRM Data
Design i
Verifiable: No
Relevant to OGP Values: Yes
Ambition (see definition): No Data
Implementation i
Description
Advocate for Legislation Requiring Meaningful Disclosure. As a critical element of a broader strategy to safeguard the international financial system from such abuse of legal entities, the Administration will advocate for legislation that will require the disclosure of meaningful beneficial ownership information for corporations at the time of company formation.
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