[US Open Gov] Beneficial ownership news and latest research

[Isabelle Kermeen]

Dear US Open Gov community,

(apologies for cross-posting)

I hope you are well. I'm pleased to share with you some of Open Ownership's news, including vacancies, recent publications and upcoming events.

News and publications
1) Open Ownership launched Version 0.4 of the Beneficial Ownership Data Standard. Read more about the new version, and browse it here (blog post and standard available in multiple languages). Watch the recording of the launch event here. 

2) Read our latest Opening Extractives briefing: Lessons for an accountable transition: Leveraging beneficial ownership information for natural resource governance, and the summary blog post here.

3) Peruse our most recent Emerging Thinking piece: Solving the international information puzzle of beneficial ownership transparency.

4) Doubling down on fighting corruption with beneficial ownership transparency: read our blog post on how the IACC community can work towards a better environment of beneficial ownership transparency.

5) This blog post examines the Beneficial Ownership Leadership Group's achievements, lessons learned by Open Ownership and the Open Government Partnership from co-convening the group, and future directions to advance beneficial ownership reform.

6) Read about our recent regional training: Advancing anti-corruption in Africa through beneficial ownership transparency.

7) In this compelling new piece, we explore whether the link between anti-money laundering and climate issues is strong enough for transparency in beneficial ownership to be leveraged for integrity.

Events

1) Watch the recording of our session on how to use BO data to tackle corruption and promote value chain integrity at the Environmental Corruption Practitioners' Forum.

2) In the recording of this webinar with GraphAware, learn how collaborative exchange of beneficial ownership information across borders is essential for ease of business, fraud prevention, and anti-money laundering efforts.

Related news and content

1) Read this new World Bank blog post on Open Ownership's support for beneficial ownership reform programming in Malawi.

2) The G7 Italy 2024 Foreign Ministers’ Statement on Addressing Global Challenges, Fostering Partnerships included a commitment to "timely and effective implementation of the  FATF [Financial Action Task Force] standards on transparency of beneficial ownership of legal persons and legal arrangements". 
3) The US Treasury’s national strategy for combating terrorist and other illicit financing sets out how the US plans to operationalise the use of the country’s new BO information database by law enforcement. 
3) Switzerland is progressing with its plans to create a federal beneficial ownership register, the Federal Council has confirmed.
4) A new Global Legal Entity Identifier Foundation (GLEIF) report discusses the importance of Legal Entity Identifiers for the digitalisation of trade, including references to initiatives that OO and OpenSanctions have explored with GLEIF.

Please share these with your colleagues and in your networks. Thank you very much in advance. In case you're interested in receiving our newsletter which we usually send every other month, please register here.

Thank you for reading!

Best wishes,
Isabelle

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	Isabelle Kermeen    isab...@openownership.org openownership.org | @openownership
Over 150 countries have committed to beneficial ownership transparency. Open Ownership works condensed hours; availability may be reduced on alternate Fridays.