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Beneficial Ownership

Beneficial ownership transparency involves collecting and disclosing information about the real human beings who own and control companies and other corporate vehicles. Collecting and publicly disclosing company beneficial ownership data can help reveal money laundering, conflicts of interest, improperly awarded government contracts, and tax evasion. Beyond corruption, knowing who ultimately owns or benefits from a company can also help to identify responsibility for other violations of law, such as environment or labor rules.


The Open Gov Guide

The Open Gov Guide is the go-to resource for open government reformers. The guide provides concrete recommendations for policy makers, civil society representatives, and more on how to apply open government principles to real-world challenges. Readers can also use the guide to learn more about how governments at the national and local level are putting these values into practice through OGP action plans and beyond.

Learn more about this policy area in the “Company Beneficial Ownership” chapter of the Open Gov Guide.


Challenge Commitments

As part of the Open Gov Challenge, the OGP Support Unit would like to recognize some of the most inspiring commitments made by participants to date. Read more about these exciting reforms on beneficial ownership below.

For a full list of Challenge commitments submitted by members, visit our Open Gov Challenge Commitment Tracker.

MALAWI

Open Contracting and Beneficial Ownership Transparency

Legal loopholes make public procurement vulnerable to corruption. To address this, Malawi has begun to strengthen its legal frameworks on public procurement and beneficial ownership and create an online procurement system that uses beneficial ownership data.

NORTH MACEDONIA

Open the Beneficial Ownership Registry to the Public

North Macedonia has been working to improve the transparency of public procurement data and politically exposed persons, but more work needs to be done to increase beneficial ownership transparency so that these datasets can be jointly used to curb corruption. The commitment aims to publish the owners of companies that have bid on or won public procurement contracts.


All Commitments by OGP Members

Explore all beneficial ownership commitments from OGP members.

The following list reflects commitments submitted through national or local action plans. For more details, visit OGP’s Data Dashboard.

Filter the commitments according to three categories evaluated by the Independent Reporting Mechanism (IRM): ambition, completion, and early results.

  • Ambition: Beginning with 2020 action plans, the IRM assesses ambition using an indicator called “Potential for Results.” This indicator is an early marker of a commitment’s potential to yield meaningful results, based on how the commitment is articulated in the action plan and the state of play in the respective policy area.
  • Completion: For each commitment, OGP’s Independent Reporting Mechanism (IRM) evaluates the degree to which the activities outlined in the commitment were implemented.
  • Early Results: Beginning with 2021 action plans, the IRM assesses commitment results using an indicator called “Early Results”. This indicator compares the state of transparency, citizen participation, and/or public accountability before the action plan with the state at the end of the action plan.

Commitment List

87 Commitments related to Beneficial Ownership by all members
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What is this showing?

This table shows all commitments that match the filters selected at the top of the page. At least one filter must be selected to populate this table. Use the tags above the table to further filter by commitment quality (e.g. ambitious, complete). Click on commitment titles to learn more about each commitment. Click on “Featured” icons to access stories, where available.

Why is this data helpful? (why did we choose it?)

This table enables finding existing commitments in specific policy areas, regions, and years, as well as top-performing commitments by using the built-in table filters.

How is this calculated?

The commitment performance metrics (e.g. ambitious, complete) are derived directly from IRM reports. See the terms below for details. The Year field shows the year in which the commitment was first submitted. Icons in the Featured field indicate that a story is available on the OGP website.


Learn More

Data Dashboard: Explore data on how OGP members are implementing reform in key policy areas, including information on the ambition and early results of commitments

OGP Resources: Find all of OGP’s stories of reform, IRM reports, fact sheets, and other information in one place.


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Open Gov Challenge Tracker

Discover initiatives submitted to the Open Gov Challenge by OGP members and beyond, through OGP action plans or as standalone commitments.

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Take the Challenge

The Open Gov Challenge is a call to action for all members of OGP to raise ambition in ten areas of open government to help strengthen our democracies.

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