Act now to defend open company ownership data: Participate in the European Commission consultation!
Published on: 1 June 2022
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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 for free. As a result, SMEs, businesses, academia, journalists and CSOs will not get access to information that is vital in due diligence, innovation and preventing corruption, money laundering and terrorist financing.