iStock_000026046602MediumCompanies to publicly register the names of their real, beneficial owners

Transparency International called on G20 countries to follow through on their anti-corruption commitments by boosting financial transparency across borders and creating an environment which enables civil society to combat corruption.

To deliver on their commitment to tackle financial crime, G20 leaders should agree to make all companies publicly register the names of their real, beneficial owners.

G20 governments can build further momentum by encouraging more countries to join the Global Forum on Transparency and Exchange of Information and the OECD Multilateral Convention on Mutual Administrative Assistance in Tax Matters, and support the automatic exchange of financial information.  For more information on Transparency International’s recommendations for the G20, click here.

 Source:  Transparency International