Beneficial ownership transparency plays a vital role in building trust and reducing risks in the supply chains for responsible raw materials. Using beneficial ownership information can play an important part in reducing the risks to business and building trust. But beyond that, companies who take a proactive approach to beneficial ownership transparency can gain a commercial advantage and contribute to reinforcing the integrity of supply chains.
In April 2023, Responsible Raw Materials hosted a training session in conjunction with the OECD Forum on Responsible Mineral Supply Chains, where Tim Law spoke on ‘Leveraging Beneficial Ownership Disclosure in Resilient Supply Chains’. The session recording can be accessed here Leveraging Beneficial Ownership Disclosure in Resilient Supply Chains – YouTube
Michael Barron & Tim Law
Michael Barron and Tim Law are independent consultants who have advised governments on four continents on implementing effective beneficial ownership reporting systems. Michael previously worked as a government relations manager for BG Group (British Gas) where he led on the extractive industry transparency agenda.
Tim is a UK chartered accountant and tax professional, who previously worked for the global mining company Anglo American.