Advocate for Legislation Requiring Meaningful Disclosure (US0005)
Action Plan Cycle: 2011
Lead Institution: Executive Office of the President
Support Institution(s): Unclear
Policy AreasLegislation & Regulation, Private Sector, Public Participation
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.