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 of Russian oligarchs and to ensure effective sanctions. The EU and its allies have rallied to support Ukraine, but without a robust system of transparent company and beneficial ownership data, detecting hidden Russian wealth is difficult, given that many use family members and networks of shell companies to conceal their

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 oligarchs in the EU. We are deeply horrified by Putin's incursion into Ukraine and the violation of the rule of law, human rights, and state sovereignty. We support the European Union in collectively taking a strong stance to defend democracy and our common values. The sanctions imposed - freezing assets,

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 of state sovereignty. In an attempt to deter Putin from escalating military action in Ukraine, the EU and its allies have come together to decide on sanctions that directly target Russian oligarchs, freezing their assets – often the fruit of corruption and money laundering –  and impeding them from conducting