diff --git a/identity_iota_core/packages/iota_identity/sources/asset.move b/identity_iota_core/packages/iota_identity/sources/asset.move
index 5747bf21a..c021d4834 100644
--- a/identity_iota_core/packages/iota_identity/sources/asset.move
+++ b/identity_iota_core/packages/iota_identity/sources/asset.move
@@ -11,6 +11,26 @@ module iota_identity::asset {
     const EInvalidSender: u64 = 4;
     const EInvalidAsset: u64 = 5;
 
+    // ===== Events =====
+
+    /// Event emitted when the owner of an `AuthenticatedAsset`
+    /// proposes its transfer to a new address.
+    public struct AssetTransferCreated has copy, drop {
+        asset: ID,
+        proposal: ID,
+        sender: address,
+        recipient: address,
+    }
+
+    /// Event emitted when an active transfer is concluded,
+    /// either canceled or completed.
+    public struct AssetTransferConcluded has copy, drop {
+        asset: ID,
+        proposal: ID,
+        sender: address,
+        recipient: address,
+        concluded: bool,
+    }
 
     /// Structures that couples some data `T` with well known
     /// ownership and origin, along configurable abilities e.g.
@@ -105,10 +125,17 @@ module iota_identity::asset {
         ctx: &mut TxContext,
     ) {
         assert!(asset.transferable, ENonTransferable);
-        let sender_cap = SenderCap { id: object::new(ctx) };
-        let recipient_cap = RecipientCap { id: object::new(ctx) };
-        let proposal = TransferProposal {
+        let proposal_id = object::new(ctx);
+        let sender_cap = SenderCap {
             id: object::new(ctx),
+            transfer_id: proposal_id.to_inner(),
+        };
+        let recipient_cap = RecipientCap {
+            id: object::new(ctx),
+            transfer_id: proposal_id.to_inner(),
+        };
+        let proposal = TransferProposal {
+            id: proposal_id,
             asset_id: object::id(&asset),
             sender_cap_id: object::id(&sender_cap),
             sender_address: asset.owner,
@@ -117,6 +144,13 @@ module iota_identity::asset {
             done: false,
         };
 
+        iota::event::emit(AssetTransferCreated {
+            proposal: object::id(&proposal),
+            asset: object::id(&asset),
+            sender: asset.owner,
+            recipient,
+        });
+
         transfer::transfer(sender_cap, asset.owner);
         transfer::transfer(recipient_cap, recipient);
         transfer::transfer(asset, proposal.id.to_address());
@@ -138,10 +172,12 @@ module iota_identity::asset {
 
     public struct SenderCap has key {
         id: UID,
+        transfer_id: ID,
     }
 
     public struct RecipientCap has key {
         id: UID,
+        transfer_id: ID,
     }
 
     /// Accept the transfer of the asset.
@@ -159,6 +195,14 @@ module iota_identity::asset {
         cap.delete();
 
         self.done = true;
+
+        iota::event::emit(AssetTransferConcluded {
+            proposal: self.id.to_inner(),
+            asset: self.asset_id,
+            sender: self.sender_address,
+            recipient: self.recipient_address,
+            concluded: true,
+        })
     }
 
     /// The sender of the asset consumes the `TransferProposal` to either
@@ -173,6 +217,14 @@ module iota_identity::asset {
             let asset = transfer::receive(&mut proposal.id, asset);
             assert!(proposal.asset_id == object::id(&asset), EInvalidAsset);
             transfer::transfer(asset, proposal.sender_address);
+
+            iota::event::emit(AssetTransferConcluded {
+                proposal: proposal.id.to_inner(),
+                asset: proposal.asset_id,
+                sender: proposal.sender_address,
+                recipient: proposal.recipient_address,
+                concluded: false,
+            })
         };
 
         delete_transfer(proposal);
@@ -182,6 +234,7 @@ module iota_identity::asset {
     public(package) fun delete_sender_cap(cap: SenderCap) {
         let SenderCap {
             id,
+            ..
         } = cap;
         object::delete(id);
     }
@@ -189,6 +242,7 @@ module iota_identity::asset {
     public fun delete_recipient_cap(cap: RecipientCap) {
         let RecipientCap {
             id,
+            ..
         } = cap;
         object::delete(id);
     }
diff --git a/identity_iota_core/packages/iota_identity/sources/identity.move b/identity_iota_core/packages/iota_identity/sources/identity.move
index 0e68188df..e222e0473 100644
--- a/identity_iota_core/packages/iota_identity/sources/identity.move
+++ b/identity_iota_core/packages/iota_identity/sources/identity.move
@@ -24,6 +24,25 @@ module iota_identity::identity {
     /// The controller list must contain at least 1 element.
     const EInvalidControllersList: u64 = 3;
 
+    // ===== Events ======
+    /// Event emitted when an `identity`'s `Proposal` with `ID` `proposal` is created or executed by `controller`.
+    public struct ProposalEvent has copy, drop {
+        identity: ID,
+        controller: ID,
+        proposal: ID,
+        // Set to `true` if `proposal` has been executed.
+        executed: bool,
+    }
+
+    /// Event emitted when a `Proposal` has reached the AC threshold and
+    /// can now be executed.
+    public struct ProposalApproved has copy, drop {
+        /// ID of the `Identity` owning the proposal.
+        identity: ID,
+        /// ID of the created `Proposal`.
+        proposal: ID,
+    }
+
     /// On-chain Identity.
     public struct Identity has key, store {
         id: UID,
@@ -127,7 +146,14 @@ module iota_identity::identity {
         cap: &ControllerCap,
         proposal_id: ID,
     ) {
-        self.did_doc.approve_proposal<vector<u8>, T>(cap, proposal_id);
+        self.did_doc.approve_proposal<_, T>(cap, proposal_id);
+        // If proposal is ready to be executed send an event.
+        if (self.did_doc.is_proposal_approved<_, T>(proposal_id)) {
+            iota::event::emit(ProposalApproved {
+                identity: self.id().to_inner(),
+                proposal: proposal_id,
+            })
+        }
     }
 
     /// Proposes the deativates the DID Document contained in this `Identity`.
@@ -149,10 +175,12 @@ module iota_identity::identity {
         let is_approved = self
             .did_doc
             .is_proposal_approved<_, did_deactivation_proposal::DidDeactivation>(proposal_id);
+ 
         if (is_approved) {
             self.execute_deactivation(cap, proposal_id, clock, ctx);
             option::none()
         } else {
+            emit_proposal_event(self.id().to_inner(), cap.id().to_inner(), proposal_id, false);
             option::some(proposal_id)
         }
     }
@@ -172,6 +200,8 @@ module iota_identity::identity {
         ).unwrap();
         self.did_doc.set_controlled_value(vector[]);
         self.updated = clock.timestamp_ms();
+
+        emit_proposal_event(self.id().to_inner(), cap.id().to_inner(), proposal_id, true);
     }
 
     /// Proposes an update to the DID Document contained in this `Identity`.
@@ -201,6 +231,7 @@ module iota_identity::identity {
             self.execute_update(cap, proposal_id, clock, ctx);
             option::none()
         } else {
+            emit_proposal_event(self.id().to_inner(), cap.id().to_inner(), proposal_id, false);
             option::some(proposal_id)
         }
     }
@@ -221,6 +252,7 @@ module iota_identity::identity {
         );
 
         self.updated = clock.timestamp_ms();
+        emit_proposal_event(self.id().to_inner(), cap.id().to_inner(), proposal_id, true);
     }
 
     /// Proposes to update this `Identity`'s AC.
@@ -254,6 +286,7 @@ module iota_identity::identity {
             self.execute_config_change(cap, proposal_id, ctx);
             option::none()
         } else {
+            emit_proposal_event(self.id().to_inner(), cap.id().to_inner(), proposal_id, false);
             option::some(proposal_id)
         }
     }
@@ -270,7 +303,8 @@ module iota_identity::identity {
             cap,
             proposal_id,
             ctx,
-        )
+        );
+        emit_proposal_event(self.id().to_inner(), cap.id().to_inner(), proposal_id, true);
     }
 
     /// Proposes the transfer of a set of objects owned by this `Identity`.
@@ -282,7 +316,7 @@ module iota_identity::identity {
         recipients: vector<address>,
         ctx: &mut TxContext,
     ) {
-        transfer_proposal::propose_send(
+        let proposal_id = transfer_proposal::propose_send(
             &mut self.did_doc,
             cap,
             expiration,
@@ -290,6 +324,7 @@ module iota_identity::identity {
             recipients,
             ctx
         );
+        emit_proposal_event(self.id().to_inner(), cap.id().to_inner(), proposal_id, false);
     }
 
     /// Sends one object among the one specified in a `Send` proposal.
@@ -310,15 +345,16 @@ module iota_identity::identity {
         objects: vector<ID>,
         ctx: &mut TxContext,
     ) {
-      let identity_address = self.id().to_address();
-      borrow_proposal::propose_borrow(
-        &mut self.did_doc,
-        cap,
-        expiration,
-        objects,
-        identity_address,
-        ctx,
-      );
+        let identity_address = self.id().to_address();
+        let proposal_id = borrow_proposal::propose_borrow(
+            &mut self.did_doc,
+            cap,
+            expiration,
+            objects,
+            identity_address,
+            ctx,
+        );
+        emit_proposal_event(self.id().to_inner(), cap.id().to_inner(), proposal_id, false);
     }
 
     /// Takes one of the borrowed assets.
@@ -353,6 +389,7 @@ module iota_identity::identity {
         proposal_id: ID,
         ctx: &mut TxContext,
     ): Action<T> {
+        emit_proposal_event(self.id().to_inner(), cap.id().to_inner(), proposal_id, true);
         self.did_doc.execute_proposal(cap, proposal_id, ctx)
     }
 
@@ -372,6 +409,20 @@ module iota_identity::identity {
     public(package) fun to_address(self: &Identity): address {
         self.id().to_inner().id_to_address()
     }
+
+    public(package) fun emit_proposal_event(
+        identity: ID,
+        controller: ID,
+        proposal: ID,
+        executed: bool,
+    ) {
+        iota::event::emit(ProposalEvent {
+            identity,
+            controller,
+            proposal,
+            executed,
+        })
+    }
 }
 
 
diff --git a/identity_iota_core/packages/iota_identity/sources/proposals/borrow.move b/identity_iota_core/packages/iota_identity/sources/proposals/borrow.move
index 4195e3461..1f014044b 100644
--- a/identity_iota_core/packages/iota_identity/sources/proposals/borrow.move
+++ b/identity_iota_core/packages/iota_identity/sources/proposals/borrow.move
@@ -24,10 +24,10 @@ module iota_identity::borrow_proposal {
     objects: vector<ID>,
     owner: address,
     ctx: &mut TxContext,
-  ) {
+  ): ID {
     let action = Borrow { objects, objects_to_return: vector::empty(), owner };
 
-    multi.create_proposal(cap, action,expiration, ctx);
+    multi.create_proposal(cap, action,expiration, ctx)
   }
 
   /// Borrows an asset from this action. This function will fail if:
diff --git a/identity_iota_core/packages/iota_identity/sources/proposals/transfer.move b/identity_iota_core/packages/iota_identity/sources/proposals/transfer.move
index d16f8c36c..cf43e3472 100644
--- a/identity_iota_core/packages/iota_identity/sources/proposals/transfer.move
+++ b/identity_iota_core/packages/iota_identity/sources/proposals/transfer.move
@@ -21,11 +21,11 @@ module iota_identity::transfer_proposal {
         objects: vector<ID>,
         recipients: vector<address>,
         ctx: &mut TxContext,
-    ) {
+    ): ID {
         assert!(objects.length() == recipients.length(), EDifferentLength);
         let action = Send { objects, recipients };
 
-        multi.create_proposal(cap, action,expiration, ctx);
+        multi.create_proposal(cap, action,expiration, ctx)
     }
 
     public fun send<T: key + store>(