The EU Global Facility, the Inter-American Development Bank and GAFILAT, in cooperation with the Ministerio de Justicia y Derechos Humanos de la Nación of Argentina today launched a regional conference on Beneficial Ownership in Buenos Aires for 18 countries of the region.
Held under the title “Synergies between beneficial ownership transparency, tax crimes, and the fight against ML/TF”, the event brings together 80 representatives from Argentina, Brasil 🇧🇷, #Bolivia 🇧🇴, #Chile 🇨🇱, #Colombia 🇨🇴, #Cuba 🇨🇺, #CostaRica 🇨🇷, #Ecuador 🇪🇨, #ElSalvador 🇸🇻, #Guatemala 🇬🇹, #Honduras 🇭🇳, #México 🇲🇽, #Nicaragua 🇳🇮, #Panamá 🇵🇦, #Paraguay 🇵🇾, #Perú 🇵🇪, #RepúblicaDominicana 🇩🇴 and #Uruguay 🇺🇾.
Over the course of three days, participants will explore the utilisation and advantages of BO information for three key stakeholders: BO registries, Financial Intelligence Units, and Tax authorities.
The first day, designed in a conference format, will lay the groundwork for the event, elucidating its context and objectives with presentation from the FATF, OECD, Global Forum, IDB, IMF, World Bank and CIAT. On the second day, experts will deeper into specific topics such as the establishment and management of Beneficial Ownership Registers, the exchange of BO information with third parties, and group discussions on the application of Automatic Exchange of Information (AEI) and Exchange of Information on Request (EOIR). Participants will also develop an action plan to facilitate the sharing of BO information within a jurisdiction.
As the event progresses to its final day, the focus will shift towards ongoing research and case study discussions. Additionally, there will be an opportunity for all participants to reflect on the way forward and brainstorm what a follow-up event might entail.
This project is funded by the European Union.