‘Verification’ is frequently said to be a critical step in generating high-quality beneficial ownership information. What’s less clear is what is actually meant by verification, and what are the key factors in the process. In fact, verification is not one step, but three.
There has been compelling evidence that UK's property market is being used as a harbour for dirty money. Here are some of the reports which have investigated this issue: Mystery on Baker Street by Global Witness Faulty Towers by Transparency International UK London Property: A top destination for money launderers by Transparency International UK and Thomson … Continue reading Consultation response: UK Overseas Entity Property Register
Following on from the law suit, that OpenCorporates brought against the Quebec company register, transparency and civic tech organisations, as well as journalists from Quebec and beyond, have sent an open letter to Quebec government in support of OpenCorporates and open company data. The letter not just supports OpenCorporates in its legal action, but goes … Continue reading Civil society sends open letter to Quebec govt. in support of OpenCorporates
OpenCorporates’ mission is to be able to list every company in the world, using only public sources to provide full transparency and provenance. In order to achieve this, the OpenCorporates Data team works constantly to expand its coverage of jurisdictions where companies can be registered (120 and counting so far!), whilst maintaining a rigorous set … Continue reading From company register to standardized open data, our processes explained – Part 1: Scouting for data
Yesterday, OpenCorporates filed suit in the Superior Court (Civil Division) in Montreal, Quebec, for a declaratory judgement against the Quebec Registraire des Enterprises, to ensure that OpenCorporates data on Quebec companies remains freely available to journalists, NGOs and thousands of other users around the world. The suit is in response to a demand that the … Continue reading OpenCorporates takes Quebec company register to court
In a significant victory for transparency and common sense, today the European Court of Justice today ruled that personal data in company records was not subject to the so-called 'right to be forgotten', even for dissolved companies. This is a crucial judgement for corporate transparency, and for the fight against the use of companies for criminal purposes, … Continue reading European Court confirms company data can’t be whitewashed
That might sound like an absurd question. The benefits accrued from transparency, fighting corruption and money laundering, and enabling good business practise help everyone, right? Then why am I writing about women? At OpenCorporates and OpenOwnership, we’ve been thinking about the structures that enable corruption that the macro and micro level. Whether it is underlying … Continue reading How does open company data impact women’s rights?
Written by Chris Taggart and Hera Hussain When the announcement of a public beneficial ownership register in Germany was made in November 2016, it was welcomed by the transparency community and investigative journalists. True, it wasn’t going to be free, still less open data, but it was a significant step for a country that has … Continue reading Germany: Do not let ‘personal security’ be the bait and switch for public accountability
Originally published on Sunlight Foundation. For many people in the open data and anti-corruption space, the past year could be summed up in two words: “Panama Papers”. This blew open the murky world of offshore company registration and, for a while at least, put the agenda of corporate transparency high on the agenda countries all … Continue reading State of open company data in 2016: wins and challenges ahead
Large corporations wield significant influence over many parts of society - including politics and natural resources. With the help of open data, you can now begin to map out (partially) what some of these transnational networks look like. Whether it is finding companies related to a politician or grouping the subsidiaries of a tech giant … Continue reading 11 resources that will help you map a corporate network