Beneficial ownership in Chile’s public procurement reform

This case study explores the impact on the most recent reform of Chile’s public procurement system to enhance integrity and efficiency in 2023, with a focus on the new beneficial ownership transparency measures.

Chile’s experience serves as a compelling example of how embedding BOT into public procurement systems can produce measurable improvements in integrity and oversight, even in large and open markets. Its approach offers valuable lessons for countries pursuing similar reforms, particularly in changing the culture, aligning incentives, building institutional capacity, and leveraging technology to enhance accountability.