OpenCorporates collaborates with the Financial Conduct Authority on Covid-related fraud prevention

With the onset of Covid-19, businesses and individuals have needed to navigate unprecedented difficulties and change. The resulting disruption is being taken advantage of by would-be fraudsters, who are using the pandemic to perpetrate fraud and scams. Technology and data have key roles to play in improving the detection of fraudulent activity, such as through … Continue reading OpenCorporates collaborates with the Financial Conduct Authority on Covid-related fraud prevention

Dark Money Conference: Why financial criminals hate OpenCorporates & open company data

Money laundering and other financial crimes are often facilitated via complex cross-border networks, with legal entities acting as key getaway vehicles for those perpetrating illicit activity. Exposing and tackling these networks cannot be achieved by one actor alone. It requires an organised, collaborative and international response from across government, law enforcement, business, civil society and … Continue reading Dark Money Conference: Why financial criminals hate OpenCorporates & open company data

How open company data helps Global Witness investigate corruption

Investigators, NGOs and campaigners around the world rely on OpenCorporates’ open company data to uncover and expose corruption. This is because legal entities are often a key part of the toolkit that criminals use to hide their ownership of assets or involvement in illicit activity. Sam Leon, Data Investigations Lead at Global Witness, explains how … Continue reading How open company data helps Global Witness investigate corruption

How White Box data helps RegTechs automate the verification step of due diligence

The £37.8 million fine recently imposed on Commerzbank by the UK’s Financial Conduct Authority is just the latest in a long string of actions by regulators enforcing increasingly stringent anti-money laundering (AML) regulations around the world. In response, there has been a boom in the regulatory technology (RegTech) sector – accelerating the building of tech … Continue reading How White Box data helps RegTechs automate the verification step of due diligence

Meet our trustees: Jane Wales

The OpenCorporates Trust is the entity that guarantees OpenCorporates’ public-benefit mission and ensures we always operate to open up company data for the public good. One of our trustees is Jane Wales, a leading figure in philanthropy, government and journalism. Jane is the founder of the Global Philanthropy Forum and Vice President of the Aspen … Continue reading Meet our trustees: Jane Wales

Video: Corporate investigations masterclass & open data

Are you interested in investigating companies and uncovering cross-border connections that have been hiding in plain sight?  Then you’re definitely going to want to watch this masterclass video from Graham Barrow, Director of The Dark Money Files…  From Latvia and back, via the UK, New Zealand and Belize (to name just some locations he touches … Continue reading Video: Corporate investigations masterclass & open data

Is this a fork in the road for EU company data?

8 years ago, OpenCorporates surveyed access to official company register data in the EU. To our knowledge, this was the first time that this had been done in a systematic way.  The results were not good.  Data and access were routinely restricted on a pay-to-play basis. If you had the money, you could access it … Continue reading Is this a fork in the road for EU company data?

Luminate grant to accelerate OpenCorporates’ impact

At OpenCorporates, our mission is to make global corporate transparency mainstream by opening up public company information. So we are delighted to announce that OpenCorporates has received a grant from the philanthropic organisation Luminate, allowing us to accelerate our progress towards these goals by unlocking the utility and impact of our data. To do this, … Continue reading Luminate grant to accelerate OpenCorporates’ impact

Case study: Quantifind powers financial crime investigations using OpenCorporates’ data

“OpenCorporates’ global company data, when integrated into our platform, allows anti-money laundering investigators to make better decisions faster by understanding the wider context behind a subject they are investigating”. Adam Mulliken, Senior Vice President of Analytics &General Manager for Financial CrimesQuantifind Challenge Investigations into money laundering and other financial crimes often start when unusual or … Continue reading Case study: Quantifind powers financial crime investigations using OpenCorporates’ data