Beneficial ownership transparency has become one of the leading policies to tackle illicit financial flows related to tax evasion, money laundering, corruption and the financing of terrorism. It involves identifying the “beneficial owners”, who are the individuals (natural persons) who ultimately own or control the legal vehicles such as companies, partnerships, trusts or foundations that operate in the economy by opening bank accounts, holding real estate, or providing goods and services. Without beneficial ownership transparency, criminals are able to engage in illegal activities by hiding behind legal vehicles or nominees. Beneficial ownership transparency means revealing who is behind an entity.
The Tax Justice Network’s Financial Secrecy Index is now firmly established as a comparative analytical tool for monitoring and ranking. It is formed from a robust set of indicators that reflect the rules, laws and mechanisms used to abuse taxes and increase secrecy and are designed to provide clear pointers for policy change. Beneficial ownership transparency is among the key indicators assessed by the Index.
Through a series of online training sessions participants will gain skills to assess countries‘ beneficial ownership frameworks in relation to companies, trusts and other legal vehicles. On the successful completion of the examination at the end of the training, the most successful participants will be invited to join the Tax Justice Network Index Analyst pool where there will be the opportunity to undertake paid research on the indicators for our indices.
There will be in initial introductory 90 minute webinar to further explain the aims of the training and an opportunity for attendees to ask questions. Those attending the introductory webinar will then be invited to apply for a place on the training course. The course will be delivered in English and unfold in four intense 2 hour sessions, held over 4-6 weeks, with work to be done in between and culminating in a demanding exam that will take a day to complete.
The training will be most relevant to those studying legal or social sciences as well as professionals who are interested in contributing to global financial transparency and accountability. The training will provide the necessary skills to join the Tax Justice Network Index Analyst pool, whose members may be selected to undertake paid research on an ad-hoc basis. We are particularly interested in encouraging participation from those living in Latin America and Africa but this is open to anyone based anywhere across the globe.
This cutting edge training will be delivered by the Tax Justice Network researchers who are at the vanguard of designing international anti-money laundering, tax compliance and financial accountability policies.
The training course is provided free of charge.
Application and process for joining the Index Analyst Pool
While the introductory webinar is open to everyone the initial training will be open to a limited number of participants and it is expected that around 5 spaces are available for joining the Index Analyst Pool in 2021. Therefore there will be a selection process for those who wish to undertake the training requiring the submission of a CV and responding to a set of questions.
Paid ad-hoc research: the Index Analyst Pool
Those who pass the exam at the end of the training will be invited to join the Tax Justice Network Index Analyst pool to become eligible for paid ad-hoc research (ca. USD 650 for tasks that are expected to take the equivalent of a full week of work). However, passing the exam and joining the pool is no guarantee that every researcher will be contracted in 2021 or later. The final decision is fully reserved by the Tax Justice Network, and will be based on the available circumstances including budget, language skills, experience, geographic location, and other considerations.
The introductory webinar will be on Wednesday 14th April 2021 at 14:00 GMT. Attendees will then be invited to apply for the training course. Decisions on the successful applicants will be made by Friday 23rd April 2021. The training will then be held through May and June 2021.