Լրատվություն

In the wake of the COVID19 pandemic, as countries across the world make slow progress towards longer term recovery and reform, massive amounts of money are being committed through aid and stimulus packages. ​

Even as the COVID19 pandemic is seeing unprecedented impacts, past economic crises and public health crises have shown how mismanagement of funds and ​opaque ownership structures​ hamper economic recovery.

OGP’s Open Response + Open Recovery campaign and ​call to action to its member countries highlights the urgent need for governments to mandate that companies receiving emergency funds disclose information about their beneficial owners. COVID19 has not only presented a hurdle to many institutions of democracy, including independent media, but has uncovered pre-existing international weaknesses that need international solutions.

The implementation of beneficial ownership transparency regimes is paramount to ensure that relief packages go to where they are intended, that the world can address old issues of opacity that allow for the international flow of illicit finances, highlighted in the FinCEN leaks of this year, and so that countries can build back stronger than before. This roundtable will outline a pathway for collective action as countries review their longer term recovery and resilience efforts, including with multilateral partners, and others key allies.