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Strengthening corporate and beneficial ownership

Read CPA Canada’s response to the Government of Canada’s consultation paper, “Strengthening Corporate Beneficial Ownership Transparency in Canada.”

The CPA profession strongly supports increased corporate transparency that assists in the identification of high-risk parties and enhances the traceability of assets and sources of funds to prevent further illicit conduct. With this submission based on considering the information presented in the consultation paper, CPA Canada recommends policy and implementation options for a beneficial ownership registry or registries to serve the public interest