OECD Approach for Beneficial Ownership Transparency

While speaking at a meeting of G20 Finance Ministers and Central Bank Governors on 6 October 2016, OECD Secretary-General Angel Gurría discussed the evolving challenges of transparency that undermine tax systems and erodes trust in governments.

Gurría outlined a three-pronged approach to complement the initiatives that focus on improving implementation and monitoring of the anti-money laundering (AML) and tax standards, and to provide a coordinated and comprehensive approach to beneficial ow…