Requirement 2.5 (Beneficial ownership): the implementing country must require + ensure that companies applying for + holding + having held an extractive licence + interest disclose information about their BENEFICIAL OWNERS. Definitions + thresholds: a 'beneficial owner' is a natural person who directly or indirectly ultimately owns + controls the corporate entity (commonly threshold-based at 5%-25% ownership / control depending on national-law implementation, with EITI recommending the most stringent applicable national threshold). Disclosure requirements: name; nationality; country of residence; level of ownership; means of ownership / control; date of acquisition + cessation; politically exposed person (PEP) status. The 2023 Standard strengthens requirement 2.5 by requiring: (a) public beneficial-ownership register or equivalent accessible disclosure mechanism; (b) data quality + verification including alignment with national anti-money-laundering / FATF Recommendations 24 + 25 obligations + the FATF beneficial-ownership regime; (c) annual updating + change-of-control reporting.
This control maps to 1 controls across 1 other frameworks. If you already hold one of them, the evidence you collected for it is the starting point here rather than new work.
Every mapping shown was judged rather than inferred from wording similarity, and the ones that failed review are published too. See the coverage reports and what was rejected.
The graph holds this control, the 1 it maps to, and the evidence behind each claim, over MCP and REST.