ChileCompra beneficial ownership disclosure and conflict monitoring reform
Intervention Mechanism
Beneficial ownership disclosure links supplier ownership data to procurement monitoring. It shows who ultimately owns or controls companies participating in public procurement. This helps identify hidden links, related parties, conflicts of interest, and opaque supplier structures.
Initiative Summary
Following Chile’s public procurement reform, companies participating in Mercado Público must declare their beneficial owners. ChileCompra links this information to procurement monitoring. This helps detect potential ties between suppliers and public officials. Early reporting indicates a decline in detected conflicts of interest after the reform.
Practice Lesson
This initiative demonstrates how beneficial ownership disclosure can strengthen supplier oversight in public procurement. It makes hidden ownership and control easier to detect. It is useful for identifying related-party risks, conflicts of interest, and opaque supplier structures before they affect tender decisions or contract delivery.
Reference
Brown, S. (2025, November 4). Companies disclose their real owners to participate in Chile’s procurement market as part of groundbreaking reform. Open Contracting Partnership. https://www.open-contracting.org/2025/11/04/chile-companies-disclose-their-real-owners/
Supporting References
Burr, G., & Montalvo, R. F. (2025). Beneficial ownership in Chile’s public procurement reform. Open Ownership. Available from: https://www.openownership.org/en/publications/beneficial-ownership-in-chiles-public-procurement-reform/<br />
ChileCompra. (2025, July). ChileCompra identifica a más de 148.000 beneficiarios finales en compras públicas. Available from: https://www.chilecompra.cl/2025/07/chilecompra-identifica-a-mas-de-148-000-beneficiarios-finales-en-compras-publicas/