Just before the end of 2014 Ukraine adopted a law to establish a publicly available register of companies and their true owners. The register will include full name, state of citizenship, passport and tax identification data and companies that fail to disclose the required data will face fines.
A light-hearted look at some of the victors in this year's fight for transparency. This list is not meant to be exhaustive! If you'd like to add anything, hop on over to our blog and say your piece in the comments section.
The past decade and a half has seen a growing demand for raw commodities, rising prices and a mining boom. In Asia-Pacific this has led to a significant growth in mining with the sector being seen as a potential driver for economic development. However, it hasn’t been a straightforward case however of simply getting resources out of the ground - if mineral resources are to benefit citizens, policies need to be in place for a better management of natural resources and a more transparent and accountable sector.
The implementation of the Extractive Industries Transparency Initiative (EITI) could bring great benefit to Tajikistan. Yet, lack of government commitment and the restrictions imposed on civil society activities create the risk of undermining this much needed effort to introduce unprecedented transparency into the country’s extractive sector.