Myanmar’s beneficial ownership disclosure insufficient says Global Witness

Myanmar’s first ever disclosure of beneficial ownership information in the oil, gas and mining sectors is an important step forward, but major problems with the data must be addressed according to a new report by Global Witness.

The report, Out of the Shadows, says that in introducing the beneficial ownership register Myanmar’s government took an important step towards making the country’s extractives sector more accountable, but Global Witness has found serious problems with reporting and data that must be addressed.