The Public Area of DATACROS is a dashboard environment that includes selected results of the analysis of ownership anomalies in 29 European countries, conducted by Transcrime. For full details on the analysis, please see the final report of project DATACROS (available from April 2021).

The Public Area is freely and publicly accessible here.

The dashboard includes interactive maps, charts and statistics on European businesses, namely

• Anomalous complexity of ownership structures;
• Links with blacklisted jurisdictions;
• Links with opaque corporate vehicles;
• Links with Politically Exposed Persons (PEPs) .

The results of the analysis highlight that:

• On average, 1% of limited companies in Europe have ownership links with high-risk countries;
• On average, 1.2% of limited companies in Europe are controlled by a trust, a fiduciary or another legal arrangement that
  does not allow to identify Beneficial Owners (BOs);

Criminal organizations increasingly adopt legal companies and complex cross-border ownership structures to cover their illicit activities, and to conceal the laundering of corruption proceeds. Project DATACROS, co-funded by the European Commission, DG Home Affairs (ISF Police 2017-AG-CORRUPT-823792), and coordinated by Transcrime, has produced:

• an aggregate analysis of ownership anomalies for 56 million companies in 29 European countries
• a prototype tool designed for Law Enforcement Agencies and Anticorruption Agencies to support the real-time identification of companies at high risk of corruption, money laundering, tax fraud and other financial crimes.

Click here to see the key findings of the project. For more information, please contact:

Antonio Bosisio (antonio.bosisio@unicatt.it)

Michele Riccardi (michele.riccardi@unicatt.it)

The final webinar will:

• Present the key findings from the project, and the results of the analysis on corporate ownership anomalies across European regions and sectors;
• Demonstrate the DATACROS tool for assessing risk of corruption or other financial crimes;
• Discuss with Practitioners how this tool could be useful for financial crime investigations and risk assessment.

Click here to learn more and register.

The mid-term meeting of DATACROS project was held today. Together with partners, Transcrime discussed the advancements of the research and tool to detect anomalies in firms’ ownership structure that can flag risks of collusion, corruption and money laundering in the European single market.

At Università Cattolica del Sacro Cuore in Milan, Transcrime hosts the kick-off meeting of the project DATACROS. The meeting will involve representative from each of the Partners participating to the project: Agence Française Anticorruption (AFA, France), Cuerpo Nacional de la Policia (CNP, Spain) and Investigative Reporting Project Italy (IRPI, Italy). In the meeting, the overall scope and structure of the project will be presented, and an in-depth discussion with Partners about the characteristics that the tool should possess in order to address their operational needs will be held.