Stopping illicit financial flows and disrupting financial crime requires a coordinated response. Law enforcement, financial services firms, investigative reporters and many others all have a role to play – including, now more than ever, data and tech providers. That’s why Rebecca Lee, our Chief Impact Officer, will deliver a keynote presentation at the upcoming Dark … Continue reading Dark Money Conference: Joining the data dots
Tag: money laundering
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?
Impact Round-up: May
OpenCorporates is used by investigators, NGOs, and researchers every day to study and fight corruption, money laundering and organised crime. Every month, we’ll share links to show you the work people are doing with our data. —————————- How much dirty Chinese cash is washed through the UK? Private Eye used our data and found an … Continue reading Impact Round-up: May
How does open company data impact women’s rights?
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?
Going to IODC? Help us design the Global Beneficial Ownership Register
Grand corruption is a networked problem; to fight it we need a networked solution, and nowhere is this more true than who controls and benefits from companies. The Global Beneficial Ownership Register will tackle this, by collecting and linking together beneficial ownership datasets and self-disclosed corporate data. By doing this, it will enable investigators and … Continue reading Going to IODC? Help us design the Global Beneficial Ownership Register
Every person’s guide to Beneficial Ownership/ company control as data
Last month, OpenCorporates launched WhoControlsIt, a proof-of-concept, open-source 'Beneficial Ownership' register. This post explains some of the concepts and data issues behind the register – which sounds geeky, but is essential for everyone involved in this area to understand (we've kept the references to code to almost zero), and we hope we've succeeded in making … Continue reading Every person’s guide to Beneficial Ownership/ company control as data
Open company data on the rise: featuring G8, World Bank, EITI…
This month has been a good month for open corporate data, with a number of significant developments, all of them positive, and OpenCorporates is proud to have played a significant part in many of them. First, and perhaps most exciting for us has been the launch of the Open Company Data Index, supported by the World Bank … Continue reading Open company data on the rise: featuring G8, World Bank, EITI…
What makes a good company register? Part 1: The public purpose
This is the first in a series of posts on company registers – why they exist, what they should do, and how they should do it, based on OpenCorporates' interactions with over 70 of them. Over the past six months, we've been asked again and again: What does a good company register look like – what … Continue reading What makes a good company register? Part 1: The public purpose
Corruption, corporate transparency, open data & business models: OKFest presentations
For those who weren't able to make the Open Knowledge Festival in Helsinki, here are OpenCorporates' two presentations. The first was Open Data: What's In It For Business? and focuses on how businesses can get benefit from publishing open data, and looks at OpenCorporates' business model. The second, "Corruption, Corporate Transparency & Open Data" examines how … Continue reading Corruption, corporate transparency, open data & business models: OKFest presentations