Automatic Exchange of Information
As one of the signatories of the G5 initiative, Spain is fully committed in the development of the pilot initiative for automatic exchange of beneficial ownership information
Country: Spain
Status: complete
Themes: Beneficial ownership
Last updated: December 2020
Classification:
Concrete: Concrete | New: Not New | Ambitious: Ambitious
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4 Evidence:
Commitment 6 as outlined by the Spanish Government - Pilot Initiative of G5
Letter of the Pilot Initiative Agreement between France, Italy, Spain, the UK and Germany
UK leads European calls for G20 action on beneficial ownership
G5 to pilot beneficial ownership information exchange
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3 Notes:
Spain joined the G5 initiative for the automatic exchange of information with France, Italy, the UK and Germany right after the London Anti-Corruption Summit in 2016. It is however unclear whether this automatic exchange is still going on and what exactly resulted from this initiative.
Updated: October 31, 2020
Spain contributed to the Pilot initiative and continues to be part of the G5.
Updated: April 30, 2020
No change since 2017.