The OpenOwnership Register currently pools beneficial ownership data from the UK and Slovakia as well as data from reports submitted to the Extractive Industries Transparency Initiative (EITI) [1.9 million entries at launch].
The data available in the platform will continue to grow as more governments implement public company ownership registers, providing users with access to global beneficial ownership information within a single, streamlined platform. Companies are also invited to submit their own ownership data, allowing ethical businesses in jurisdictions which do not yet have central public registers to be transparent. The data will be available in an open format for anyone to access, download and reuse, free of charge.
The register will be a powerful tool to help governments crack-down on crime and corruption. It will enable companies to better understand who they are doing business with, and will empower journalists and civil society to reveal and campaign against injustice.
Also of Note
Alongside the Register, OpenOwnership is developing a universal and open data standard for beneficial ownership, which will provide a solid conceptual and practical foundation for collecting and publishing beneficial ownership data. An initial version of the data standard has now been released.
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Organizations Involved in Developing OpenOwnership
- Global Witness
- Open Contracting Partnership
- Web Foundation
- Transparency International
- B Team