beneficial ownership | Extractive Industries Transparency Initiative

Anglophones and Lusophones walking the walk to reveal who stands behind companies

Nov 23, 2016

Ian Mwiinga

Nine Extractive Industries Transparency Initiative (EITI) implementing countries in the Anglophone and Lusophone region of Africa met in Abuja in early November to plan for the implementation of beneficial ownership (BO) disclosures. At the center of the discussion was the painstaking process of planning how to reveal who stands behind oil, gas and mining companies. Ben Mellor, the UK DFID country representative to Nigeria,

EITI Chair Fredrik Reinfeldt on Panama papers and beneficial ownership disclosure

May 9, 2016

Fredrik Reinfeldt

beneficial ownership

The challenge now is to turn the outrage into change.

President Ghani puts mining reform at heart of the government’s anti-corruption efforts

May 7, 2016

Pablo Valverde

beneficial ownership, anti-corruption

Beneficial ownership and review of contracts as key areas for the EITI in Afghanistan

The Panama files and the EITI’s ground breaking rules on ownership reporting

Apr 6, 2016

EITI Secretariat

beneficial ownership, Panamapapers

What role does the EITI play in revealing hidden owners?

The EITI is a standard for countries with oil, gas and minerals. The 51 EITI countries require all companies extracting oil, gas and minerals to publish what they pay in taxes and royalties and the government commits itself to publish what it receives, including other key information about the sector. The findings from early implementation concluded that such reporting was a good start, but that it was not enough.

UK to publish who owns and controls companies

Nov 4, 2013

Helene Johansen

beneficial ownership

A register with who actually owns and controls companies in the UK will be publicly available for citizens.

The Opening Up Ownership Conference

Oct 23, 2017 to Oct 24, 2017

Jakarta, Indonesia

beneficial ownership

EITI international, in partnership with the Government of Indonesia and partners, is organising an international beneficial ownership conference in Indonesia on 23-24 October 2017. The conference will be an opportunity to showcase best practices so far, discuss challenges, provide peer-learning and exchange experiences.

In April last year, the Panama Papers scandal broke, with 11.5 million leaked documents, implicating high-level individuals with links to the extractive sector.

Training for Kazakhstan's multi-stakeholder group

Jun 21, 2017 to Jun 23, 2017

Almaty, Kazaskhstan

beneficial ownership, mainstreaming

Training for the multi-stahkeholder group on beneficial ownership and on mainstreaming conducted together with Ernst & Young. The main purpose of the workshop is to kick off the mainstreaming feasibility work supported by the EGPS (World Bank) carried out by Ernst&Young Kazakhstan.

Training for Armenia's multi-stakeholder group

Jun 6, 2017 to Jun 7, 2017

Yerevan, Armenia

EITI training, beneficial ownership, mainstreaming, EITI reporting

The International Secretariat is providing a two-day workshop to th the Armenian EITI multi-stakeholder group. Program see attached below.

Transparent business is good business

May 23, 2017

Eldar Sætre

Board meeting Oslo 2017, beneficial ownership

In this speech, held on 23 May at the Statoil office in Fornebu, Oslo, Statoil's CEO Eldar Sætre lays out why the company is engaged in the EITI.

Good evening everyone and welcome to Statoil. lt's a great pleasure to host the EITI here in Oslo.

Oslo's nickname in Norwegian is 'Tigerstaden', the Tiger City, which came from its reputation, 150 years ago,

Training in Afghanistan

May 7, 2017 to May 10, 2017

Kabul, Afghanistan

beneficial ownership

This mission will provide training to the EITI in Afghanistan, on beneficial ownership among others.

To find out more about Afghanistan (includes information on the country manager), visit the country page

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