Companies operating in the public sphere should be accountable for their actions and impacts on human rights and the environment, and in order to achieve this, transparency is essential.
» Through legislation: The European Union, for example, has adopted a series of legislation that requires companies in specific sectors to report on their impacts and activities. Find out more here » Through the fundamental right to information: Access to information is a fundamental human right and therefore it cannot be violated by any private actor. However, private actors not yet obliged to respond to freedom of information requests; except for in South Africa.
» Business Transparency News: We keep an eye on corporate transparency legislation.
» Company Ownership Transparency: We use access to information laws to test accessibility of corporate information in practice and to push for improved transparency.
BUSINESS TRANSPARENCY NEWS
Act Now! Have your say on EU company ownership transparency – Follow our guidance on how to participate in the public consultation
Madrid, 13 June 2022 – We are urging civil society organisations, journalists and citizens across Europe to participate in the European Commission’s consultation on whether or not company registers should be open. The consultation is open until Tuesday 21 June 2022 (midnight Brussels time). What is this about? The consultation
Don’t let the European Commission go back on its promise to open up EU company ownership – have your say in the Public Consultation!
Madrid, 1 June 2022 – Under the EU’s Open Data Directive, company registration and ownership information should be available as open data. In a surprise move, the European Commission is now proposing, via a long-overdue Implementing Regulation, that the names of the owners of companies will not be made available
Transparency to Track Hidden Wealth
9 March 2022 - As the Russian onslaught on Ukraine continues, 127 leading transparency, anti-corruption, journalist and open data organisations today issued a statement calling on European Union Institutions and Member States to act urgently to open company and beneficial ownership registers so as to facilitate tracking the hidden wealth
Act now – open up company and beneficial ownership registers across Europe!
This statement, signed by 127 leading transparency, anti-corruption, journalist and open data organisations call upon the European Union Institutions and Member States: act now and open up all company and beneficial ownership registers across the European Union to the public! This is crucial in exposing assets and money of Russian
Immediate transparency of company ownership is imperative to unveil hidden wealth of Russian oligarchs in the EU
Madrid, 2 March 2022 – Helen Darbishire and Rachel Hanna of Access Info Europe explain why transparency is essential to ensure the effectiveness of the sanctions against Russia. Following the invasion of Ukraine, there has been global outrage at Russia’s blatant disregard for international law, human rights, and the principle