For Whose Benefit? Reviewing the Effectiveness of Current Approaches to Beneficial Ownership Disclosure

calendarclock - (GMT)

Beneficial ownership information should be used to support greater financial system integrity. But what are the realities? How is the information applied and what does this mean for future policymaking?

RUSI’s Centre for Financial Crime and Security Studies is delighted to welcome you to a debate on the effectiveness of current beneficial ownership registration approaches.

Beneficial ownership disclosure – collecting and sharing information on genuine (rather than formal or nominee) owners of assets – is an area of financial crime policy that many countries struggle with.  Even countries that pride themselves on their leadership in beneficial ownership disclosure face challenges in ensuring the efficacy of their frameworks. The UK is one of them, as are EU member states, which are bound by EU law to set up public registries.

The questions of how beneficial ownership information is in fact used and what this means for policymaking are all too often overlooked.

Our event will focus on this point: how should beneficial ownership information be best exploited to meet the needs and interests of various potential users of such information, including domestic and foreign law enforcement agencies, tax authorities, regulated businesses and the public at large.

Expert panel

We are delighted to be joined by an expert panel to discuss this issue:

Laure Brillaud, Senior Policy Officer – Anti-Money Laundering, Transparency International EU

Lakshmi Kumar, Policy Director, Global Financial Integrity

Anton Moiseienko, Research Fellow RUSI Centre for Financial Crime and Security Studies and co-author of ‘For Whose Benefit? Reframing Beneficial Ownership Disclosure Around Users’ Needs

George Pearmain, Director of Financial Crime Strategy for the Government of Jersey

The event will be chaired by Tom Keatinge, Director of RUSI’s Centre for Financial Crime and Security Studies.

Explore our related content