Many tourism-heavy Small Island Development States (SIDS) have been significantly affected by the COVID-19 pandemic. In the need to rebuild and diversify economies, hopes are increasingly pinned on the countries’ fisheries sector.
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Beneficial ownership – that is, the natural person who ultimately owns or controls a business or transaction – is a topic that is grabbing global attention. The negative consequences of a lack of transparency regarding beneficial ownership are all too evident, with special implications for the fisheries sector.
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Victoria, 7 September 2020. The International Board of the Fisheries Transparency Initiative (FiTI) has announced today its approval of granting countries a three-year moratorium (2020 – 2022) regarding annual financial contributions, due to the current global COVID-19 pandemic.
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Victoria/Laxenburg. After the positive reception of the webinar “Corruption in fisheries: A key obstacle for resilient oceans”, the International Anti-Corruption Academy (IACA) and the Fisheries Transparency Initiative (FiTI) have agreed to jointly organise additional webinars on this important subject.
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Fisheries tenure systems – how and why governments allocate rights for fishing – are one of the most critical aspects of sustainable fisheries management. However, in many countries fisheries tenure systems are characterised by secrecy and confidentiality.
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Victoria, 3 April 2020. The International Board of the Fisheries Transparency Initiative (FiTI) has announced its approval of the country’s application, making the Seychelles only the second country to be granted the status of a FiTI Candidate country, after Mauritania.
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Mindelo, 12 February 2020 – The Minister of Maritime Economy, Dr. Paulo Lima Veiga, with the due authorization of the Council of Ministers, declared today Cabe Verde’s unequivocally commitment to the Fisheries Transparency Initiative (FiTI).
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Dakar, February 2020. In an effort to further energise the current implementation process of the Fisheries Transparency Initiative (FiTI) in Senegal, two influental stakeholder groups are calling on President Macky Sall to honor his commitment given at the first FiTI International Conference in Nouakchott, Mauritania, in February 2016 to implement the FiTI.
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Fisheries might have been slow to catch on to the transparency wave, but it is now widely accepted as being fundamental to sustainable fisheries management; yet, the subject is not straightforward at all.
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Victoria – 24 February 2020. The Fisheries Transparency Initiative (FiTI) has been legally registered today in the Seychelles as a global members’ association. Read More →
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