Corporate Signals: Enabling better KYC

Over the past month (18 February - 18 March) despite the challenging environment we are in, in the UK alone there were almost: 60,000 company incorporations 125,000 officers added to newly incorporated or existing companies, with almost 44,000 officers removed from companies51,000 companies that changed status Did you get all that?  Surprisingly, most organisations doing statutory … Continue reading Corporate Signals: Enabling better KYC

OECD Anti-Corruption & Integrity Forum: Can AML survive in a fireflies world?

OECD Anti-Corruption & Integrity Forum: Can AML survive in a fireflies world?

We are entering a world where there will be an explosion in the number, speed and complexity of companies, brought about by companies being incorporated by computer programs. Like the advent of high-frequency trading, this will bring a phenomenon of what we call ‘firefly companies’ – firms that exist for mere hours, minutes, even seconds, … Continue reading OECD Anti-Corruption & Integrity Forum: Can AML survive in a fireflies world?

Case study: 6 Degree Intelligence cuts investigation time down to a fraction using OpenCorporates data

Investigators from commercial and public-benefit organisations regularly use OpenCorporates data as part of investigations into illicit activity. Below is an exciting case study illustrating how 6 Degree Intelligence have combined our data with other datasets to reduce investigation time, and to provide cross-jurisdictional insight in financial crime and modern slavery investigations. “With OpenCorporates data and … Continue reading Case study: 6 Degree Intelligence cuts investigation time down to a fraction using OpenCorporates data

Unlocking US company data: Washington forges ahead where others lag behind

US Company Data State of the Nation 2020

The US is the most important and vibrant business market in the world. Yet fundamental information about the millions of companies powering its economy is very hard to access as data – making it difficult to understand: what companies exist, who are they connected to and what do they do? Our new report ‘US Company … Continue reading Unlocking US company data: Washington forges ahead where others lag behind

5AMLD launches: close but no cigar

5AMLD

The EU’s Fifth Anti-Money Laundering Directive (5AMLD) came into force last week, on 10 January 2020. It was partly a response to the Panama Papers, a leak of thousands of documents from the law firm Mossack Fonseca which revealed the extent to which the true beneficial owners of companies can be concealed behind a complex … Continue reading 5AMLD launches: close but no cigar

Goodbye 2019, Hello 2020

This post is by Chris Taggart, OpenCorporates' CEO and Co-Founder 2019 was a momentous year for OpenCorporates. We achieved much: reached 180 million companies in our database, including the extremely complex jurisdiction of Germany, launched our new Corporate Events feature, took the Quebec company register to court and won, and saw our data used in … Continue reading Goodbye 2019, Hello 2020

Meet our trustees: John Githongo

Last summer, OpenCorporates announced the creation of the OpenCorporates Trust, 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 John Githongo, an anti-corruption journalist, activist and consultant. As an award-winning journalist, Mr Githongo investigated corruption in Kenya, writing … Continue reading Meet our trustees: John Githongo

Meet our trustees: Esther Dyson

Last summer, OpenCorporates announced the creation of the OpenCorporates Trust, 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 Esther Dyson, a journalist and investor with interests in technology/IT, health  and transparency among other things. Esther was founding … Continue reading Meet our trustees: Esther Dyson