Europe edging towards overturning ban on public access to beneficial ownership information

Two key committees of the European Parliament have both voted to have Europe’s ultimate beneficial ownership (UBO) registers reopened to people holding a legitimate interest. Such individuals include journalists, civil society organisations and higher education institutions. These individuals were banned from accessing the register after…

US treasury secretary announces international commitment to enhance beneficial ownership transparency

US treasury secretary, Janet Yellen, said on Tuesday that she was launching a commitment by Washington and more than twenty foreign governments and authorities to enhance beneficial ownership transparency. Speaking at the Biden-Harris Administration’s second Summit for Democracy, she said the participants in the project would…